I was just having a re-read of yesterday's ANN..... and this last para is a highlight for me:
"Being in advanced discussions on the three new tenements, Argosy held over its PEA pending their inclusion in an upgraded JORC Mineral Resource. Now that the acquisition agreements have been concluded, the Company will prepare to finalise the JORC Mineral Resource and PEA."
What struck me was having now concluded the acquisition agreement, they'll move immediately to complete the JORC and PEA, ie they're not waiting for DD, deed transfer, etc.
We already know the PEA has 5 components, and 4 of those are already complete, with only the resource component awaiting final inputs. Well it's now apparent those final inputs were both the last of the lab results as well as this new land acquisition.
Seems we might not have to wait long???
Anyone sitting on the sidelines...... Tick, tock, tick tock!!
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- Ann: Strategic Acquisitions for Rincon Lithium Project
Ann: Strategic Acquisitions for Rincon Lithium Project, page-75
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