Selling the Namibian assets removes waste, cuts expenses, provides cash and reduces distraction.
Bout time as it was no good. Hopefully they flog off sherlock Bay as that's also no good.
That was found in the 1970s, never mined in 50 years, yet close to infrastructure. Non viable is the reason I believe.
Ann: Sale of Namibian EPL 3540 Finalised, page-5
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