What's the point of directors located in Adelaide with current travel restrictions? The company already has one SA director, and the company has made it clear it wants to JV out their gold exploration tenements in SA and have shown no interest in continuing their drilling near Burra for copper. The company have indicated that they want to concentrate on their Cloncurry work (resource statement now months overdue) and sell Gilded Rose (time wasting tyre kickers aside) and have closed their Sydney office to boot.
While many have been critical of the poor communication from the company I'm interested to see if this announcement is the sale/disposal of Gilded Rose (unlikely but its the only thing previously identified as a non-core asset and could be to Round Oak Minerals possibly?), or maybe a sale or disposal of some of their SA tenements (possible?), surely it wouldn't be any of the Mt Freda/Gilded Rose/Golden Mile area as that's been talked about as their core business...
Seems like a weird time/environment for any transactions/deals being done. Unless its another long-winded and highly conditional approach from somewhere in China?
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