I just can't see how anyone thinks this is reasonable.
They have sold it for a pittance - there was much work done in previous threads about the value of the deposit. Compare what CFE and African Iron deals are valued at!!
This whole thing just smacks of outright incompetence - and doesn't the market love it - NOT!
The only potential upside is that it flushes out someone fair dinkum and that the shareholders reject the placements
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