And back at the ranch, and looking over the fence, the Watpac...

And back at the ranch, and looking over the fence, the Watpac mining division sale is progressing:

“Watpac says it is in discussions with another party in regards to the sale of its Civil & Mining business.
The ASX-listed company said due diligence was being undertaken by the potential acquirer on an exclusive basis, as the two looked to tie up a deal.
It added: “The proposed transaction has an assessed potential value broadly in line with the current written down value of the company’s assets.” https://im-mining.com/2018/12/03/watpac-mulls-sales-civil-mining-business/


McAleese financier stalks Watpac civil and mining unit
By Sarah Thompson and Anthony Macdonald03 Dec 2018 — 12:15 AM
“Street Talk understands Sydney-based Remagen Capital is deep into due diligence on Watpac's civil and mining business, and both potential buyer and seller are hopeful that a deal will be able to be negotiated.
It is understood Remagen is not the only party Watpac is talking to, however sources said it was well placed to sign a deal should talks progress as expected...”
https://www.copyright link/street-t...-watpac-civil-and-mining-unit-20181202-h18mjo