Cashed up bogan. If they sold the mill how would they process ore from Kavanah which is looking to be very profitable. I agree they need to continue to prove it up with more drilling; they could issue shares to an insto not allined with Allied which would have another advantage in reducing Allied's holding as a % and thus making the company more attractive for more instos to get involved.
There are a number of institutions that would like to be on the share registary but not while it is controlled by Allied.
Ann: Corporate Update - Acting CEO , page-6
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