UXA have now moved into their GAA Wireline offices and Unit at...

UXA have now moved into their GAA Wireline offices and Unit at 20 Oborn Road, Mount Barker, SA, in a continuing cost cutting exercise.
Not certain what happens on the sale of GAA Wireline however. Will they live in a hut in the outback like Sirius Resources' directors; there's a thought Mr Chairman, Neill Arthur.

At least the 2012 Annual Report is out and that comes as quite a surprise. We await further developments on that.

If trading starts again in UXA stock a considerable consolidation is needed of about 20:1 or even 50:1.

If GAA is not sold, and I think that is best, then a cash raising is needed. Shareholders may well stump up with an asset like GAA remaining in place.