re: Ann: ATR: Acquisition and use of technolo... Disposing of something that is a drain on the bank account and not adding value or performing has to be good business sense.
It cost them nothing to get, it does not make sense to develop it and they get $5.0m to move it on!
Meanwhile, they now have surplus funds to ensure they meet their goal of upgrading the plant and becomming income producing.
Should they wish to operate in the Basin, they can easily lease land, take the unwanted product for the Ginko, Snapper or Douglas deposits, build or JV a plant and operate without the necessary CAPEX needed for development of the deposit.
Again....good business sense and....
APG does not give away free licenses to the technology!
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