it seems very strange to me that the CGT board negotiated a takeover almost immediately after the Ballarat mine has become marginally cash flow positive and seemingly within a few months to achieving the target production of 50,000 ounces, which would make the operation highly profitable
almost as if the Board is giving it all away, like they don't care anymore?
all very mysterious, I can't figure it out
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- Ann: Letter to Shareholders
Ann: Letter to Shareholders , page-4
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