Ann: Delta acquires LCT Mineral Rights at the Lyons River Project, page-2

I liked when a stock I am holding planned & execute possible future expansion in their existing project.

But with this acquisition requirements, I am not sure if it is the best way to grow the existing projects in Yinnetharra.
I prefer DLI management progress further Yinnetharra project first before doing this acquisition.


"Minimum exploration requirements "

In each 12-month period following completion for a period of 3 years from completion, DLI must expend a minimum of 50% of the annual statutory expenditure requirement of the Tenements (which is A$280,000 per annum as at the execution date) on exploration over the Tenements for the LCT Minerals.