Not great news, however, the company's release does day:
"The Board has received multiple offers and indications of interest to work with the Company financially and/or strategically and is considering numerous options to optimize value for the Company and its investors".
Those same companies would probably be more interested in ARH with approvals and DD far more advanced. All the roadshow publicity has at least got news of that Iron Ore region out there.
At least CP doen't have to feed his greedy I-bankers who were rumoured to be in line for $180m in fees!!. They will be more gutted than CP who still holds the ore interests......
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