Will be looking at an exit strategy now.
Have been concerned for a while about the potential sale of Springdale as I have said here some time ago.
I don't see this as a good deal.
There is no cash component that can assist with furthering the other projects.
Selling off of IG held shares can happen without shareholder discretion.
Death by a thousand cuts!
ST in my belief is never going to be a big money maker. Will pump SP on announcements at best.
Barraba is still 6 - 12 months away.
(WTF happened to the air mags)
NT projects without funding is 2 years out.(if not dead in the water)
So sad today.
Spingdale i would suspect is being sold at or around cost.
For me, 3 years of wasted time.
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