Ann: A new path to accelerate development of key Wyoming Asset, page-43

Response to the previous SPAC proposal:

"The Board of ARR are aware of the potential benefits of this type of (SPAC)proposal, however are mindful of the significantpotential of Halleck Creek, and the need to maximise returns to shareholders, while minimising dilution and declined toadvance at the time.The Board will continue to evaluate all strategic alternatives to ensure optimal returns to its shareholders, particularlyafter reaching certain near-term operational milestones that will provide investors further confidence in the significantvalue the Company believes is presented by Halleck Creek."

Lets see if they're true to their word and are pushing for more, or are they reconsidering the original $US$400 proposal since Don's departure? You would suspect the former, however anything is possible. Won't be long until we find out l wouldn't think.