If they can get SA into solid production, it would fund other projects with a steady cashflow. Tunks says once the mining right gets approved they can literally start UG mining 'overnight', obviously a slight exaggeration. So why would they sell off their only quality asset only to gamble on some dirt in the Pilbara, which seemed like they aquired during the mini Aussie gold scramble recently. And Indo seems a distant nightmare, hasn't been talked about for a long time.
Id say they keep SA or just get taken over. IMO either way there will be a good outcome.
Ann: WWI Melbourne Mining Club Presentation, page-22
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