Chinese buying into PGI

"Preliminary discussions have commenced with two Chinese companies showing interest in buying into the Las Lagunas project which would then set as a base for the transfer of the hard-won experience in the design and operationof the Albion/CIL process, and the potential realization of value for shareholders"

The key words above are "showing interest in buying into the LL project........". By buying into the project itself, the project would then set as a base for the transfer of the Albion process to the Chinese company involved.

If we read between the lines, there appears a hint that the discussions lean towards the two Chinese companies taking an interest in PGI and its LL project and not just the Albion process per se. This may mean that they might inject fresh capital into PGI as a likely final outcome.

Whether or not it is a potential realization of value for shareholders would depend much on the terms and conditions under which the Chinese company or companies gain access to the LL project itself and/or its Albion process.

IMO and DYOR