With all such announcements there must be a political correctness to assure a smooth transition. But even trying to read between the lines everything seems positive and should be a solid step in the right direction. MIE always seemed to be struggling financially which was a lead weight on progressing Sino's ambitions. With a depth of experience in management and technical expertise with the all important access to meaningful funding then this should be the shot in the arm that Sino needs to move it to the next level and hopefully will be reflected in the share price.
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