Ann: Sale of Riley Mine and Updated Tasmanian Exit Strategy, page-76

You have my support when it comes to Lindsay.

If they try and sell it for a pittance, the gloves will come off.
It is not acceptable that we sell the "flagship" of the company unless it is for fair value. No fire sale.
Riley was a noose around our neck because I genuinely do not see IO prices recover to a level that would make Riley profitable for us for several years.
maybe we could have gotten a higher price, but who knows.
At least now we know no more CRs this year hopefully.
I have slowly gone from optimism with the new management to a feeling of despair and helplessness as we watch them be "ruthless" with our assets.
We have some great assets and each can be a company maker in it's own right, we however don't have the money to advance them.

I'm still holding on to a glimmer of hope that we are all coming to a premature conclusion of new management and that they do in fact have shareholders interests at heart.