MG " we" didn't give it away the company dropped it after spending good money on consultants etc .After doing due diligence and acquiring a project one might expect that project to be tested further. Farming in with limited capacity to meet ongoing expenses and demonstrate further potential and looking/hoping for a jv partner seems a risky strategy. Now that gold has broken 1300 and may retest 1400 Junee could have been interesting.Maybe a strong focus 0n future direction and overheads are in order, do they still maintain two offices?.
Ann: Consolidation/Split - ARX-ARX.AX, page-29
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