Today marks 10mths since Jumbuck formal sale & asset agreement...

Today marks 10mths since Jumbuck formal sale & asset agreement executed
on 30/11/20.
We're told that Ministerial consent is 'imminent' , but unfortunately
not in this Qtr as previously announced.

This is from 30/11/20 announcement-

Marmota Chairman, Dr Colin Rose, said:
“ The Jumbuck Gold Project is our immediate neighbour in the Gawler
Craton. It is our backyard. It is where we do our gold exploration.
Our exploration team know the ground. We believe that if anyone can
make it work, Marmota can. The sale price at $3m is 3 times the amount
originally offered, and we believe is also an excellent outcome for Tyranna
shareholders.”

I wonder if MEU can make it work?


Interesting to see how MEU management will juggle their 3 projects!!
Can they 'prioritise' Junction Dam, 'advance' A/T & 'progress' JV project at Jumbuck with BGD,
simultaneously?
If we're going to see any of this promised 'Shareholder Value' then MEU
will have to press the accelerator & spend some coin to put upward pressure
on the SP.
Otherwise it's going to be more low ball Capital Raisings, dilution & lots of waiting .
Pressure is on to see if MEU can step up or do we get more of the same,
where action doesn't match words?


Ultraman