RWD had Mackay for years. They let it go to avoid holding costs....

RWD had Mackay for years.
They let it go to avoid holding costs.
The problem was NT.
CDNTS wanted $500k up front before they would start the ball rollling. Ruane told them to get f$&@ed. Note the issue wasn't with the natives as such.
Anyway the current AMN management team probably took a shine to SOP when they were at Blackswan equities (taken over by Euroz).
They did a cap raise for RWD and a report.
They clearly were in the know when RWD relinquished the tenements. RWD was given a stake in AMN initially in return for handing over data.
I don't think RWD relinquished the best asset!