Whiddon has lied. He said Blackspur was a good buy and that the asset was a reflection of the $200m sunk costs. That is at variance to the agreed sale price.
They gave away Montney so they have not fulfilled their fiduciary responsibility. They should be banned from being directors on any other ASK listed company but the ASIC is a joke so it will not be the last.
Ann: Cash Sale of Blackspur Oil Corp for A$83.3M, page-86
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