I agree with the consensus opinion that the sale price is rubbish. Going to resist the urge to form strong opinions/theories beyond that until we see the latest drill results and resource analysis this quarter. Previous drill results were encouraging last year.
If drill results confirm Giro is a world-class deposit, then KE stands to lose more than anyone as the largest shareholder by selling it for bottom-dollar. I’m going to wait for more data before cutting my losses.
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- Ann: AMANI SIGNS TERM SHEET FOR SALE OF GIRO GOLD PROJECT
Ann: AMANI SIGNS TERM SHEET FOR SALE OF GIRO GOLD PROJECT, page-23
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