Evolution looking for another sucker to take on the cost of the environmental bonds, and the exploration and production.
This time they need to select someone competent, not a bunch of wannabe's who had not idea how to run a production mine, or to explore properly, or manage finances for that matter.
The technical and financial management and directorship at Navarre was problematic at best, and incompetent at worst.
So who's gonna step up to the plate and offer Evolution a bid, who's the next contender, and how will Evolution want to structure the environmental bond costs for the next one, and what technical and financial help will they give them.
It's going to be interesting to watch, even though current Navarre shareholders will probably get nothing.
Gw
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