Originally posted by pints
Just a quick read of the announced proposal.
It seems positive for GML as it relieves some of the burn rate regarding holding the passive tenements and is potentially is worth $1m over up to 2 years for GML plus a 1.5% net smelter royalty down the track.
Not brilliant, but at least it provides some potential cash input to GML and importantly reduces the burn rate. Let's hope that Dingo have a successful IPO.
News by the end of month will hopefully give us an indication of progress to a resource estimate for Whistler.
(20min delay)