G88 golden mile resources ltd

Ann: GML: Expansion of Gidgee Gold Project via Earn-In Agreement, page-5

  1. 613 Posts.
    lightbulb Created with Sketch. 75
    Not at all mate. They are effectively trading ownership for exploration. Being realistic there is no way a company this size and with the current funds can hope to properly explore every tenement they hold. Best case scenario (lol though I think you may think otherwise) exploration is successful, they still hold 20% or will receive smelting royalty

    I must admit to being quite pleased with how proactive this management is... let the announcements continue!!
 
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