MEK 0.00% 3.3¢ meeka metals limited

Yeah simple Doray could not satisfy Westgold Resources with a...

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    Yeah simple Doray could not satisfy Westgold Resources with a number of conditions to the sale and Westgold pulled out . What those conditions were Doray did not really go into detail about them to the press. Latitude have most probably the same set of conditions but appear happy with everything . One of the conditions is that the Doray/ Gnaweeda Mine had an agreement with Teck Australia and Teck own a percentage of Gnaweeda production and if Teck spends $7.5 Million to increase the Gnaweeda resource to over 1million ounces Teck will increase its interest in the project to 66%. Without looking it up again I am sure those figures are close. So if Teck can pay for the resource improvement we still own 34% which is not to bad. Our main Project is Andy Well so lets hope that one can also pump out a million ounces.
 
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