Buckland, when I spoke to the Co Sec, some months ago he mentioned that they were having discussions with a third party about Mt Bevan and ongoing discussions with Lcy.
The gold assets would not be spun off until the Mt Bevan issue was resolved.
I guess circumstances had changed since the CR and reading between the lines negotiations with Lcy had become difficult, which meant they had to investigate other alternatives with Mt Bevan. My guess is that the gold company was delayed until they found a solution for our 40% of Mt Bevan.
You never know the third party that has often been mentioned may be interested in the gold tenements, or may be the subject of discussions with other parties in maximising a return for Mt Bevan, which of course in the long term could be a benefit to all haw shareholders. Hopefully we will not be kept waiting much longer.
Regards Ronraine.
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