That may be exactly what they end up doing by the looks...
Am I right the $30m represents 9cents per share, plus another $17 odd in cash / cash equiv plus the $13m shares held. Plus other tenements ($0)?
So Sum of parts = $0.19 per share? What am I missing?
Imagine if they had a half decent gold resource they could take advantage of at record gold prices...
Hopefully they dont pi$$ it up against the wall.
GLAH
Ann: Sale of Wiluna West Iron Ore Project, page-15
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