Looks like they have finally cut ties to the Taronga project. My only question is was this financially the most effective use of capital, to sell these shares and redirect to debt and the purchase of Ashford?
Only time will tell, and it seems the market is somewhat supportive.
You never know , some day I might sell the tiny holding I have , to reap a tax loss benefit and this little jump could be an opportunity.
Christopher
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- Ann: c A$4.3 million sale of First Tin shares
Ann: c A$4.3 million sale of First Tin shares, page-2
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