I am v. Positive about the deal. Newmont is perhaps "The Expert'...

I am v. Positive about the deal. Newmont is perhaps "The Expert' in low sulphidation epithermal systems and also are only interested in large Tier 1 projects. If this pans out as a Tier 1 project Newmont will spend a lot, lot more than $15 million getting it from early stage exploration right though to DFS. LGM will be riding on its coattails right into production with a 20% stake. I think LGM like most juniors would have found it difficult progressing a project of this huge scale and complexity and without massive dilution. If it doesn't pan out as Tier 1, then I understand that Newmont will walk away leaving the Team with hopefully a lot of valuable information on the project they would have found difficult to get otherwise.