Resolute to sell Ravenswood, page-27

Who has said anything about delisting? It's a dual listing structure they have announced. Monetising Ravenswood makes sense to me. The value isn't currently reflected in the SP in anycase so a sale based on the work done doing feasibility and gaining permits just delivers locked up value, up front, that can be used to retire debt, scale up Syama or make acquisitions.

People who don't like the company don't need to own it. The naysayers seem to want to latch onto any news to denigrate this company and its managment. Maybe some of the naysayers should take geography lessons. Isn't Queensland in the Horn of Africa? Let's face it, even on HC there has not been much discussion about Ravenswood. It's an asset that requires a longer term view and isn't very exciting in terms of production scale. Esh