pg 3 of CYU's latest investor preso states they are in the "Ongoing pursuit of advanced projects and operations, through acquisition of farm-in in Australia and Overseas." So this deal could fit that?
There is a reference to Altona Mining's Cloncurry Project with grades in that preso but in relation to drilling the southern end of the Roseby Trend.
IMO, they should be in a trading halt if they are part of this deal so that still makes them a very long shot.
AOH Price at posting:
13.0¢ Sentiment: None Disclosure: Not Held