Perhaps another reason drilling was halted….21 Apr 2022 23:47
at Rio, Pov, Sharug et all is because Solg want any bid for Alpala to be based on the SP being totally representative of Alpala and not include any value attributable to the regionals. This way they can maximise the pay cheque preventing a bidder from knocking off a perceived value for the likes of Pov & Rio. Just a musing on my behalf as if I was trying to get top dollar for Alpala I wouldn’t muddy the waters by releasing positive drilling assays from the regionals which could increase the SP. IMO much easier to negotiate a sale of Alpala on the basis that the current SP is 100% based on the value of Alpala