I guess it is how one sees this news. Another way to read this news?
My thoughts.....
Shandong made a play for BGS but had to come up with a $10 million AUD deposit to seal the deal.
They couldn't and we are where we are.
Now Shandong has mad a deal with the "neighbour" being Kodal.
Difference is they only had to pay this time $800,000 AUD.
Big difference when talking money.
So this news to me really just highlights that Shandong made a play for the cheaper option.
They could not "afford" BGS.
Simply put and emotions aside, $10million deposit for BGS or $800K for Kodal.
They invested in the shed on the acreage instead of the mansion.
(Could be wrong though....it is late and Friday night )
- Forums
- ASX - By Stock
- FFX
- Ann: Additional High Grade Drill Results at Goulamina Deposit
Ann: Additional High Grade Drill Results at Goulamina Deposit, page-132
-
- There are more pages in this discussion • 47 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FFX (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham / Dr Alan Dunton, MD & CEO / Non-Executive Director
James Graham / Dr Alan Dunton
MD & CEO / Non-Executive Director
SPONSORED BY The Market Online