PulpCutter, if you were half as good at 'smelling bullshit' as you say, you'd have been out of sgi a long way back.
CYL obviously has shifted focus, from expecting Henty to be it's major income stream , the foundation stone, to finance Whitelaw and allow CYL to acquire other operating mines, to realizing they needed a much stronger asset, thus plutonic/marymia.
Successful business DO work like that PulpCutter, adjusting to new information is key; I'm sure they've known for some time that Henty wasn't 'it'....so, the only thing one might fault them for, is not announcing that they were actively out looking for another producer, and the reason.
For CYL holders, not suggesting Henty may not make positive contributions, well might, just suggesting that, somewhere along the line, CYL management made a decision, a tough one, and moved aggressively.
If I were running CYL, hope I'd have done the same.
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