Go watch Duncans interview from last weekend, its a solid hour long.
He doesnt mention the consolidation at all, management is not wasting time doing this are focussed on increasing shareholder value by participating in term contract negotiations and exploration to increase JORC resource.
The consolidation is just about attracting US investors who dont like to put their money into companies under $1.
proposed 8>1 consolidation, page-13
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