Ausdrill sold their shares as stated in the announcement.
Good on them for making a tidy profit, they backed Richard and Co when there was very limited cash support, incredible it was only a few months ago. A great testament and confidence boost to WAF's management and the project at the time. Ausdrill would have had no knowledge that this substaintial discovery lay ahead. I'm sure they will make plenty more cash (and probably a lot of the recently raised money) out of WAF in the next few years drilling out these great orebodies.
I know WAF has their own rigs but those are probably limited in both depth capacity and speed to advance these projects rapidly.
Ann: Ceasing to be a substantial holder from ASL,ASL-WAF.AX, page-5
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