There is literally no other way for the BOD to cash out apart from making a deal.
The largest shareholder + BOD own 200m shares or so, there is absolutely no way they can sell their shares in the open market given the fairly buying depth.
Their only way out = make a deal!
This is my view, please dyor
Ann: Ausmex to Drill Tier 1 IOCG Prospect at Mt Freda Complex, page-9
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