only 139bcf of 1p, page-45

selling the asset, the company, is to acheive value for shareholders, materially greater than what the market was paying for MAE.

Company has always been of the objective to develope the asset to a saleable position.

It is far easier to sell, when you have buyers lining up.

You get buyers lining up, when they can see the upside in buying low.

And in that case, if you end up with several parties interested, you end up with a bidding war, and you achieve an intermediate result, but you havent had to persevere with the devlopment costs.

They also have a debt, which they can take out in the process.

If we were to sell later, we would likely suffer dillution during equity rasing.

The value is now on a share basis, and a time money investment pov.

I would take 1.25 now, than wait 12m for 2.00 but see that 2.00 dilluted over greater number of shares, so maybe only 1.50 then.