You can't flog off something you only partly own. This is...

You can't flog off something you only partly own. This is nothing more than a gamble that paying 800k will hopefully net something that can be sold higher than 800k. It is the same with buying Skaland's outstanding interest, why trying to own a white albatross of a mine fully? Hopium that the next bag holder will pay a bit more (it is unlikely the mine can be sold for the original purchase price, but given that's written off as sunk cost, anything more than the price paid fort he outstanding interest are treated by the current management as a 'win'). Except, with what happened with Skaland and upgrades on the mineral sands business, the track record of this management creating value add using shareholder funds is not good.