Guess we have to wait to see what the review of the review turns up. Hard to gauge as an ordinary shareholder.
Commitment to phase one drilling at Mt adrah, at this stage. But looking at what was not said and then "The mindset is that the review should take as long as is necessary in order to clearly establish and prioritise the areas in which the Company’s resources are to be utilised so as to maximise the return for shareholders."
Corporate structure is still ok, for a decent acquisition, with a spinoff of and recapitalisation or sale of current assets.
With Jason Brewer on board a Cobalt play would be the obvious direction but all speculation by me.
Plenty of opportunities, just need to pick one and stick to it for more than six months....
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Guess we have to wait to see what the review of the review turns...
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