It is inconceivable that the MR will be rejected. With the environmental approvals and previous MR granted it would be an absolute shoe in for a lawyer to win in court with damages. On numerous fronts this project is valuable and needed by all parties.
It is merely a matter of when and as you say this Ann is a good indicator of proximity. Watch for the SP spike as I expect news will get to the market before the official Ann.
Better you should be thinking about what is a decent price for an asset sale IMO. I’m thinking 50c plus based on the historic 12m ounces especially if the current drill results exceed the historic JORC tête-à-tête for site. If the current drilling supports or exceeds the historic JORC then a sale would need to take into account 8m ozs net to WWI.
Ann: Revised Securities Trading Policy, page-59
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