GMD 0.92% $2.20 genesis minerals limited

Ann: Canadian Major to Earn Back into Las Openas , page-6

  1. 880 Posts.
    re: Ann: Canadian Major to Earn Back into Las... So in effect, GMD picked up (an unexplored) Las Openas for a commitment to spend $500k over a couple of years.

    In return they are getting back $1.2m and 40% of a better explored tenement that a major finds interesting.

    So NO, they won't be needing any money soon.
 
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