The company had planned to continue with development of the gold asset in parallel with the HPA project.
From the AGM Chairman's address dated 09/10;
From today's announcement;
No point wasting money engaging an M&A firm to sell the gold asset if the HPA project is not economical. The past 5 months have been spent defining the resource and completing met testing that will feed into the PFS.
IMO, the fact they have now made the decision to move ahead with the sale of the gold asset can only mean good news regarding the PFS due next month.
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