The sell side has been thinning the last week or so and I feel we are starting to build nicely.
We were already aware that this acquisition was probably going to happen, it was just about terms, which are favorable as it is a fairly low grade and not a huge tonnage. There is exploration upside and certainly easier options for getting product to market.
Lindian is certainly starting to look like they want to go mining in the future, hence why we are putting a reasonable sized team together. Lets see what deals management can get in place for advancing the projects we have.
GLTAH
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- Ann: Lindian Signs Agreement to Acquire 75% of Woula Project
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