It's just exercising the stage 1 option for the payment - it's not new news or new tenement area. SYA has an option to acquire the tenements up to a max of 80%. If anything, it just means Mallina exploration is going to advance further next year and the company believes what's in Mallina is well worth the stage 1 payment.
This has been presented in numerous reports and anns previously.
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- Ann: Mallina Option Payment Facilitates New Phase of Exploration
It's just exercising the stage 1 option for the payment - it's...
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