Why not sell the key tenements to Alkane for them to develop and let the explorers continue to explore?
Alkane is looking to grow, they have mining team and balance sheet.
Until the details are public, we are just guessing, but......
I reckon that they will be handed a big cheque for their key asset.
This should be followed by a nice juicy capital return and a much smaller GMD will return to the ranks of junior explorer.
As long as the terms are good enough, this could be a great outcome.
Looking forward to the actual fact though!
DDD
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1 | 7476 | 2.150 |
Price($) | Vol. | No. |
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