The Directors now consider that MGA is less likely to be sold, but that Australia has become a more attractive operating environment for mineral projects following the substantial depreciation in the Australian dollar against the US dollar and the pound which has occurred during 2015.
Kind of tells people that it would't be sold.. The MTR stake and mention of MGA sounds great for whipping up lots of speculation on the tax losses, but im not holding my breath for much development of it any time soon, MGA has been in the hands of ECR for some time so has always been a focus for them.. not just recently. Any sale would break the COT...
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