They would have signed off on this prior to announcing and it...

They would have signed off on this prior to announcing and it may take 3 months or so before it is officially to be granted but there is no way that GSN will not have this package of land reversed on them.. Consider it a done deal. Best way for me to explain to you is so you have comfort, It is like exchanging on a property, prior to settlement.

Normally prospective strategic land like this which looks like it can have strike length of up to 12km's right next to land that has proven gold then we should have paid a minimum a couple of million if not more. The fact they got this for next to nothing shows the smarts of this management team.

Do not for one minute think this is not a significant announcement as it will unlock a huge corridor that will make this area have majors like Regis knocking down the door to be part of what we have got.