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Ann: Exploration and Corporate Update, page-53

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robamac47

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15/05/23

11:35

Post #: 67774876
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Originally posted by Schnuffles: ↑

MDI in trading halt this morning due to "details relating to the possible acquisition of a parcel of exploration tenements in the Northern Territory."
SER, with tenements in the same area has gone into a trading pause this morning, no further update.

Something interesting is happening with the east tennant creek tenements.

Note the most recent ICG exploration update has not mentioned plans for work in East Tennant Creek, when previously in the "Exploration Manger's Update on Proposed Activities for 2023" - there was a proposal for another diamond drill at Mt Lamb.

Have ICG removed their Mt Lamb plans because they are also part of this deal selling tenements in the area along with MDI and i presume SER? A major buying up a large group of tenements in the region?

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Schnuffles
I wonder if this involves the phosphate deposits being amalgamated into one corporate entity. Time will tell.
Cheers Rob

ICG Price at posting: 3.5¢ Sentiment: Buy Disclosure: Held
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