The separate company would not really own Bullabulling. AZX and...

The separate company would not really own Bullabulling. AZX and GGB would own a 50:50 (or whatever is agreed) of it. So shareholders would not lose out on any % and in fact there is only really upside but it comes with a caveat. The management teams need to insert some sort of poison pill otherwise this newly formed entity could be taken over easily for effectively buttons and then all shareholders lose out.

We need to simplify the project to allow better access to cash and we also need acute focus on the asset's development. We quite simply have not had this since, well, since forever - AZX were not paying it enough attention when they had it to themselves and when GGB came along, all they've done is bicker about how many rigs, bicker about how much money to spend, bicker about this, bicker about that and no doubt bicker about who has the biggest erm, Didgeridoo...