re: societe generale also behind pdn mistermoon,
they do not need to put out anymore drilling results. Once you have a FS saying you have the second largest zinc deposit in the world and the largest undeveloped one, you dont need more drilling results. key issues are financing and ownership levels. we dont want this to fly just yet because the percentage of ownership is still to be decided, it is possible that UCL will be in a weaker negotiating position if the share price is growing too rapidly.
cheers andrewe
Add to My Watchlist
What is My Watchlist?