This is the best bit in the announcement, under 'Use of Proceeds':
'Aggressively pursue continued exploration at Focus greenfields exploration project at Treasure Island, where surface anomalies and recently announced drilling results indicate potential for significant gold endowment.'
So do all those on here who have been indicating that TI is dead in the water (or under it, as the case may be) still hold to that view?
To list TI as use number 2 for funds from what they know would be a largely unpopular/misunderstood deal is a pretty big risk...or is it??
The potential of TI is beyond our tiny minds...one aspect of its potential is that it could make this perceived fire sale to Shandong seem a very small price to pay...
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