UXA 0.00% 0.0¢ uxa resources ltd

Ann: Auction of GAA Assets , page-2

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  1. 2,854 Posts.
    "but there has been insufficient interest in the sale of the
    GAA business at a price consistent with its value in the current subdued drilling and exploration market."

    So now they will auction the gear through Mason Gray Strange on 26 June 2013 and last sentence says
    "All of the equipment and vehicles associated with this services business will be sold."

    Well is they did not think they could get value selling in the broader market, then a auction sale will be buying at bargain prices.

    what a disaster


 
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