Another interesting titbit, reading back Hesk's transcript, is how she spoke about the corporate strategic review in the future tense.
Soc onsequently, we will be conducting a strategic review with the objective ofreviewing strikes project portfolio and determine how we can maximize value forall our shareholders.And a keyquestion that we are answering is how do we monetize these assets to identifythe highest value pathway to market.Therefore,the strategic review will consider all options, including seeing our assetsthrough to commercialization versus potentially divesting some assets.
You'd think, if "other things" weren't going on, this would've been started as soon as (or even before) Stu left. After all, a high-profile MD leaving represents a pretty big change in the company's direction.I might be reading too much into semantics, but Jill would have been a bit more convincing if she said, "we have already started the strategic review process, which is being carried out by (insert corporate advisory firm's name) with the following aims and parameters..."
After all, it's been two weeks since Stu left. i.e. enough time to get the ball rolling and provide a few key details to shareholders.
Anyway, this is not to criticise the company, simply to add to the overall point that there are "other things" going on.
(20min delay)