I do doubt whether they could find a buyer for the Penrice mine.(Angaston)
All the easy stuff has been mined, water table getting closer, dust and transport issues ongoing, more new sleepers going down on the track as I type.
They'll struggle pumping shareholders for more cash and I really dont know where they can make any more savings. Maybe reduce the advertising and corporate wank, ie. golf days, AAMI stadium boxes etc etc, but is only a drop on what they owe.
TCG
PSH Price at posting:
35.0¢ Sentiment: None Disclosure: Not Held
