It's concerning. They MUST sell Andash. But they need shareholder approval. To get that we need an AGM. To do that we need Annual report and 30days notice. So we can deduce that the sale isn't proceeding any time soon.
Now it could be that they are waiting on us? But they wont wait for ever. Or it could be further negotiations are taking place and we are holding back on relisting and AGM until its all sorted.
The deposit ROL paid gave some confidence. But the delays in sealing the deal are concerning. Andash is a basket case. $15mil seemed generous especial from a company in distress.
Ann: Investor Presentation - Jervois Project , page-8
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