"The Company advises that it will no longer be pursuing the opportunity with Troygold Investments Pty Ltd for the Solnechny polymetallic tin tailings project in Khabarovski Krai, Far Eastern Russia."
That must be really disappointing for the back room boy at West Perth as I am sure that he would have been a major beneficiary of the agreement, in line with other projects driven from Ord St.
The directors, including the FIFO from Adelaide, will just have to work a little bit harder (read, a lot harder) to earn their substantial fees. As always, more pain and no gain.
MAN Price at posting:
0.4¢ Sentiment: Hold Disclosure: Held