Seems like this is only semi-new news.. I recall a couple of posters over the last few weeks alluding to this and its great to see it has finally been announced and that A: holders have some reason to cheer as we have a green day B: Rights will likely be taken up given the nice spread between purchase value and current value & that SYA will likely get a decent amount of finance to progress.
The funny aspect is we now have another uber promising tenement and have just potentially spread ourselves even thinner.. companies like PMY and SYA with a huge folio of tenements seem to get punished by the market for not being a "one trick pony".
I think sometimes ASX investors are very one dimensional and if a company has too much going on their ADD cant cope and they wig out, small attention spans or inability to process multiple variables.
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