RE:15 million sale of assets coming Is there any indication that there will be asset sale ?
pwc's sale proces is very broad from asset sale, to investment, to merger/acquistion.
Any idea about George Young's bid ?
Leigh gave the impression it was an investment to take control..
As CEO George Young signed off on $25M of assets prior to bulk sampling.
As ex-CEO his group would have had excellent knowledge of cash requirements for the next stages. If his group had the cash, and given his insights, his bid would have been hard to beat.