I agree with you again VYR. I have thought that management might sell the PHES and remaining assets for say 10 cps. Mining would cease. The shareholders would get a large final dividend and all the franking credits would be paid out as planned by end of June. I am pretty sure HGO are trying to get as much cash as possible over the next months to pay a great dividend.
As I said previously, I am over the lack of performance, but a transaction like this would make me and many other shareholders very happy.
Ann: Pumped Hydro Energy Storage Conference Presentation, page-10
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