a little green in a sea of red, page-25

Thanks Duggie,
Is that possible with the board of AEC selling them to MKY?
ie. Why would the people (other than AB) that own AEC give them away for less than a mill? It doesn't make sense for them to undersell or explore it themselves.
Is it because it is a private cmpany and that they cannot develop it themselves? Are they relting on the "team they have been getting together?
It doesn't quite make snese to me so am hoping for some clarification...Hope I am not sounding dumb but I've been out of touch for a while and am now back in Oz.Obviously my sentiment toward MKY has changed significantly...
Cheers