Check the 1 June announcement, you can find it in here, on details of Skaergaard deal with Canadians. We have effectively transferred it to a company which can better handle in jurisdiction which is better suited under the noses of the fundies who better understand it. We retain almost 30 percent of the new owners and can nominate one director. We await some friggin SX bureaucracy to sign off in final formality seemingly having met all preconditions for completing this deal. Meanwhile all parties concerned proceed with this project as if the formalities are finalised. Frustrating. I bought more at 4.6 today. Must be imminent. With current gold price and hence lower cutoff grades able to be used, we should be looking at a project size much larger than the 15 mill oz of original 2013 PGM scoping study. And you know what precious metal prices were used for that back then. Am happy to contunue accumulating on such opportunities on above basis unless proven otherwise. Massive upside ahead if all is well. Opinions
PGM Price at posting:
4.5¢ Sentiment: Buy Disclosure: Held
