Life of mine at Dargues unlikely to be only 3 months in the Annual Report.
However even if the $120 million is written off from Dargues it is a non cash item. The end of a very sorry chapter.
Looking forward Federation and Great Cobar look very good and good exploration potential in the Cobar area.
On a probability basis the stock price likely to appreciate from here but it may be a slow process till the market gets confidence in new management.
Ann: Retail Offer Booklet & Notice to Ineligible Shareholders, page-41
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