There's a million clean shells waiting for a new life out there. Problem is u gotta be able to use your substantial accumulated tax losses in a related business and going from resources to non would probably disqualify their use and make SPX less attractive than the 'competition". IMO short sighted for management to just relinquish the leases on which so much cash was burned for such an advanced project. Were there no takers for a handover inc retention of some free carry ? Anything else means start all over again. Disappointing is an understatement. Hope the Board has something up its sleeve.
Ann: Strategic Review Outcome, page-13
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