Ann: Delta acquires LCT Mineral Rights at the Lyons River Project, page-3

I like that land grab. The whole area is pretty hot at present, with HP, Fortescue and Rio plus a number of smaller players clamouring for ground.

What's it worth for another 160% of our current lease footprint? $1,840,000 plus the opportunity cost in not using this money at Yinni or Mt Ida. Seems reasonably priced to me. IF we can become one of the majors in this area, that will be very good. And if all players can contribute to some shared infrastructure all the better for the region.

This may entice some more retail sitting on the fence to invest some more of their hard earnt! GLTAH