RRL is buying the McPhillamys gold project off ALK/Newmont for $150m McPhillamys has 2.5m oz @ 1.36g/t Au Bullabulling has 3.4 oz @ 1g/t Au goes for around $41m McPhillamys is not even near feasibility studies yet BAB is undervalued http://www.proactiveinvestors.com.au/companies/news/32186/alkane-resources-to-bag-a735m-in-regis-resources-shares-from-mcphillamys-gold-project-sale-32186.html
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