Will be looking at an exit strategy now. Have been concerned for a while about the potential sale of Springdale as I have said here some time ago. I don't see this as a good deal. There is no cash component that can assist with furthering the other projects. Selling off of IG held shares can happen without shareholder discretion. Death by a thousand cuts! ST in my belief is never going to be a big money maker. Will pump SP on announcements at best. Barraba is still 6 - 12 months away. (WTF happened to the air mags) NT projects without funding is 2 years out.(if not dead in the water) So sad today. Spingdale i would suspect is being sold at or around cost. For me, 3 years of wasted time.
CRL Price at posting:
2.1¢ Sentiment: Sell Disclosure: Held