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Hardey Resources undertaking comprehensive review to determine ideal strategy

The company will reconsider the acquisitions of Nelly Vanadium Pty Ltd and Vanadium Mining Pty Ltd.

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Hardey is also working towards finalising its half year report

Hardey Resources Ltd’s (ASX:HDY) new leadership is currently undertaking a comprehensive review of the company’s strategy and operations following the new board appointments made earlier this month.

As part of the review, the board is assessing Hardey’s current asset portfolio, to determine the best strategy going forward.

The board will also re-consider the acquisitions of Nelly Vanadium Pty Ltd and Vanadium Mining Pty Ltd, to determine whether the acquisitions are in the best interests of Hardey and its shareholders.

READ: Hardey Resources’ study confirms high-grade vanadium at Nelly

Hardey is also working towards finalising its half-year report and accounts for the period ended December 31 2018.

The company is in communication and working with the ASX to establish the requirements for relisting it on the ASX.

Quick facts: Hardey Resources Ltd

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ASX:HDY
Market: ASX
Market Cap: -
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