Ann: EXG: Scheme between Spitfire and Excelsior now effective, page-36

On July 10, 2017 Aphrodite Gold announced that it had signed a memorandum of understanding (“MoU” with Poseidon Nickel Ltd (ASX: POS, “Poseidon” to carry out due diligence on processing open pit mineralisation at Poseidon’s Black Swan plant, which is currently under care and maintenance, to produce a high grade gold concentrate for sale to third parties.

The MoU, which is still current, would enable a relatively rapid, low capex start-up, and would involve Aphrodite Gold and Poseidon forming a 50:50 JV.

SPI which now owns Aphrodite, is the MOU still valid? Interesting...