The return from this asset sale was staged and doesn't materially impact the finances of the merged entity. It does have maintenance costs.
On the positive side the merged entity can afford to further explore Gnaweeda add to the resource and then decide whether or not to retain the asset. With further work and a higher gold price it could offer a better return for Gnaweeda/Andy Wells whether it's retained or sold.
Ann: WGX: Andy Well and Gnaweeda Purchase Update, page-4
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