It protects the LEL share price that's all. Going against the interest of srk holders.
The management team never had the ability to deliver a project, all they can do is suck on the nipple collecting their onerous salaries. Remember they've gone through not one but the two biggest iron ore booms in history and delivered nothing for it.
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- Ann: Proposed Divestment of Paulsens East Iron Ore Project.
Ann: Proposed Divestment of Paulsens East Iron Ore Project., page-27
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