Just went back to the 2008 Annual report from October and this mentions they will be farming out Doherty's. This has obviously been in the pipeline for a while.
The question is what is it worth.
How much will it cost to mine and do GWR pay 10% of the mine costs and Classic pay 90%. So where will classic's money come from? When will the prospectus come out etc...
Not sure whether this is good or bad. I am as confused as all other shareholders??????
The drama continues.
michael wilson selling shares, page-17
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