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31/03/21
12:14
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Originally posted by bullandbeer:
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To try and blame ATU management for this situation is ignorant and ridiculous ... CEOs don't control govt back flips Suspending the stock given a potential material change of circumstances was absolutely the right thing under to do under ASX rules and being proactive in govt engagement now is exactly what needs to be done This was clearly terrible timing for options holders but imagine if they had exercised and then this happened 1 month later ? There is still a way to go in this story and personally I believe there will be a compromise given what's at stake. I would imagine ATU has some legal recourse in all of this should a compromise not emerge
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Correct Canada is not the Middle East or Africa ( one would hope) They will clearly recognise the need to pay massive compensation should they ban any further mining