This is the project that has been dangled like a carrot to shareholders for how long now?
This delay is going to require some sort of asset sale, but given they couldn't find funding / agree on terms for the vanadium recovery project which had large guarantees from the government, I find it highly unlikely they'll be able to find a near term buyer for Barrambie that's anything close to fair value.
Also, what happened to the $15m (or whatever it was) order book that Chris mentioned in a Crux paid advertisement a few months ago?
The company need to shed the excess weight from the board, not pay themselves bonuses and raises.
What an absolute disaster.
This is the project that has been dangled like a carrot to...
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