The announcement reads well to me. The 7.5m shares in GRM is a bonus I certainly was not expecting - that is a fair chunk of the company and gives RWD a substantial holder shareholding.
Although no firm date on Karly drilling, it is good news the tenements and approvals from DMP are in. With heritage clearance likely to be completed this week, drilling must be 'pretty close' now and there should not be too many hurdles to go.
Finally some light at the end of the tunnel.
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