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Ann: Siana Gold Project - approvals update, page-5

  1. 950 Posts.
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    Yes, its a great news.

    I'm not worried about a CR because there won't be any CR for the Philippines Operation.

    I think now management will look to find a buyer for the Philippines asset.
    With all the government approvals ......it has now a good chance of getting sold.

    I would say it could fetch up to AUD $ 30-40 Million dollars.
    It has over AUD $1 billion worth of gold in there.

    I want management to sell the Philippines asset and focus fully on the Australian ground.

    It will de-risk the operation and also some money to invest in Australia.

    That would be a win win situation for everyone.

    This is a sort of news that should add at least 30-40 million dollars in the market cap.
    But unfortunately little to no reaction. Maybe people will react after a month.
 
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