Hi Sisyphus. A great deal but what happened to Lole investor they had. Was the investor TEM from the start. If so then a good move on their behave. If not they need to get it past the MRA. Usually they wont care if a company sells but I have a feeling in this case they will as there has been so much controversy. They want it up and running. If they get it past and we get paid in shares for our lease then yes this will be a good deal. Will bring the payment to around $8M which if far better the the $2M sale. Will also be better if they increase the JORC.
GD
Ann: Lanthanein Completes $1.75M Placement, page-123
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