This has to be a positive move by Westgold, putting up $6m in cash, a possible board seat, the offer for use of their expertise etc, and a cunning blocking 15% stake in ORA.The Crown Prince has the making of a 1m oz deposit,. You only have to look at the latest report that shows the current reserve is sitting between two fault lines, the north east deposit has shifted north west, but all other drilling on the eastern rich section stops at that fault line, the big question is what lies out side these fault lines?It’s obvious that this will be mine and ORA will have a cash income.
Ann: Westgold Strategic Alliance and Placement, page-8
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