Ann: Annual Report to shareholders, page-13

I also love their outlook on Southdown, its all positive about the re-vamp and construction of it, not the sale:

- Continue to investigate alternate development models which may see the Southdown Project move into construction and operation
• Continue search for new equity partner to take a strategic share of the Company’s interest in the Project
• Maintain all tenements, permits and project assets in good order
• Maintain all environmental approvals and permits
• Grange has the in-house skills, systems, capability and discipline to deliver Southdown’s potential when the time is right

The time could not be better.