AP really needs to deliver with respect to outcomes. I hope his overflowing inbox with emails from disgruntled shareholders has had a positive motivational impact?
The nickel assets being spun into a separate entity would probably not generate much cash and in fact would involve transaction costs so a sale is by far the best option. I hope AP has what it takes to bring in the money soon? Paying $30m for the nickel assets (a defined resource) has got to be better than spending an equivalent $amount on exploration.
Taylor Collison Report, page-6
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