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Hi Hutchy, I have just received a reply from Myles and he says...

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gklaw

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20/04/22

13:19

Post #: 60935957
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Originally posted by Hutchym8: ↑

I think the hold up with Trigg Hill could be the legalities between Yahua and Eastern resources and them getting the JV set up prior to any announcement. As per the terms in the binding agreement, Yahua and Eastern have no legally agreed JV set up for Trigg Hill yet but obviously have that planned and it is referenced that they will get a JV for exploration & development which should see things move fast and Yahua also provide some funding which will hopefully limit and dilution of the SP.

Just my opinion but could be the reason for the delay as getting legal contracts drawn up isn't a quick process

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Hi Hutchy, I have just received a reply from Myles and he says they hope to have the assay results from the rock chip samples by the end of April so we should not have to wait too much longer for an announcement.
I agree with your assessment that there is probably quite a lot of activity going on behind the scenes as far as
tying up the loose ends with Yahua and we will probably get some very positive news over the next few months.
IMHO DYOR.

EFE Price at posting: 5.2¢ Sentiment: Buy Disclosure: Held
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