RE: RNS1 Oct 2018 08:33
WW, I really don’t read this as desperation on the BOD’s part. Yes, the permitting process has taken a bloody long time and yes the SR has been ongoing for a few months now. The key words for me in this RNS were ‘siginificant progress made’, ‘last document received from the EA’, ‘more than one interested party’ - ie we know that there are now two, one most likely being INA. It appears to me that even though Colin has worked part time, there has been a great deal of progress behind closed doors, the communication channels with ARSO, AST and potential suitors have been kept open whilst they get to the end of the process. I find this an extremely encouraging RNS indeed. It’s also pleasing that Colin has updated the market in this manner and he has obviously taken on board feeedback about the effect of poorly worded RNS’s. We should see a good improvement in the SP today. Oh, and I forgot to mention, we are now back in production again!