"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
UXA Price at posting:
0.2¢ Sentiment: None Disclosure: Not Held