Ann: Medallion & IGO enter exclusive negotiations on Forrestania, page-2

Good announcement.

I think this is something that has been really underappreciated on WA gold stocks. We have gone from 12 months ago having huge inflation in capital costs and no labour available to now where Ni and Li have blown up and there is surplus equipment and personal around and AUD gold nearly at all time highs. Sentiment should really be starting to swing here.

Between Kundip sulphides and Trilogy we potentially have >10Mt of 4g/t+ AuEq ore. That will be fine to truck 160km's. Gives decent mine life.

Good change there is more gold in the acquired ground too. As mentioned Bounty mine was up there. KDR were originally looking for gold when they found Mt Holland and completely pivoted.

This should cut capex at least in half. Makes this a very developable scenario.

CR inbound for fee and drilling but feels like we might actually start getting this thing rolling