How is Grace moot?
They spent 90m out of the 150 on a hole with max 33% COS when they have far better prospects in the same area. And far better prospects in SA.
On a risk adjusted basis it makes no sense whatsoever.
Sorry but if you can't see that and think broker front running is more likely then maybe Santa will be here in 13 days.
Which is why the assets would be better off in STO's hands. They have the partners to lean on for return favours. What was their interest in Crown again? Reflected their COS.
It's time for the 'For Sale' sign to be hoisted IMO as it seems pretty clear our junior status makes us incapable of realizing full value for our assets.
grace - duster or success, page-67
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