Ann: Latitude to Divest Mount Ida Gold Project, page-7

The other thing I like about today's news is it virtually guarantees ZERO dilution in the short to medium term. Company has plenty of cash now to create significant short term value at both Gecko and Levers Well.

Also don't forget that they're looking at other ground in the Pilbara / more acquisition opportunities, not to mention the tenement application over the highly prospective Shepherds Bush Gold prospect which was due to be granted last quarter.


All in all plenty to look forward to and with only 131m shares on issue, it won't take much for this to move north in a big way i.e. once the word spreads. With over 4m shares traded in just 45mins, we might already be seeing the start of a significant re-rate.

GLTA