You know what was really interesting about this announcement is...

You know what was really interesting about this announcement is the fact the say they own 100% of the project . So i take it that the gv deal for 30% of classic minerals is gone..

Also this section of the announcement you need to really read carefully. "

The Company may draw down an aggregate amount of up to A$15 million under the Agreement. The Company can draw down funds during the term of the Agreement by issuing ordinary shares of the Company (Shares) for subscription to LDA Capital."

Meaning they are going to add more shares to the value of the 15mill .

So dyor . I seen this within seconds of actual reading this h.s and can't be f reading the rest of the spin