the plan from day 1 was to spin out nsw gold assets. It's not a new strategy that's come about because plan A is not working. We are not in limbo, we are executing a sensible strategy that gives us the best chance of realising the enormous upside. The only delay has been strategic partner process and when you look at how nickel prices have rebounded, you'd have to say delaying was the right decision
ARDEA IPO (spin-out of assets), page-6
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