Ann: Sale Of The Four Mile Uranium Project, page-11

This is exactly what I expected.  In a nut shell:

1. Everything remains confidential.
2. Sale will be subject to shareholder approval.
3. Board MAY have something for shareholders to consider in 4.5 months time!
4. The Board will decide how the sale proceeds are spent.
5.??? Itouchu plans.
6. Board thinks it has a winner but disagrees with mining at current uranium prices.
7. Board won't recommend a sale unless the price is right.

The only positives I took from the announcement were that the Board will only recommend a sale if it is in the best interests of ALL shareholders and that shareholders will have to approve a sale.

So we are really no further ahead than before the announcement.  I am not happy and I have little confidence in the process.
We are still being kept in the dark and expected to place our trust and faith in our glorious Board.