Ann: Disposal of Main Undertaking, page-10

"'The downside here is offloading their only project when they could simply announce a new acquisition and have one meeting with holders voting to change direction. No risk of being suspended if they went that way, so doing it this way doesn't fill me with confidence.""

red-frog.....another way of looking at it is, someone may be interested in the shell with a project, but won't enter into any agreement unless the Chinese / majority shareholders agree to part with this asset? If the Chinese vote in favour, that's a big if, and this isn't just another stunt to prolong the do nothing scenario for whatever their reasoning...... she is a very clean shell with a few bucks in the bank as well so all looking good to me.
That's the only reason i can think of, why they are going about it in this manner..... imo.