Yes, hard to tell without seeing any drill assays on those MLs. It could be a pay out for TL's mates. On the other hand, it is quite a logical move to acquire assets in jurisdictions more favourable and predictable to mining after the failure in PNG. It's probably the only way to make this company survive with hoping that Eddie Creek will still deliver one day or will be sold for a reasonable coin.
On another note, has anyone tried voting online through link market services. It's saying to me that there's no scheduled voting. Also, it's showing that I'm holding 0 shares - that's perhaps because of de-listing, no?
Cheers, MiB
NIU Price at posting:
2.0¢ Sentiment: None Disclosure: Held