Good pick up Stoeger...... yeah hard to say what it will lead to, but at least it's some news on the area.
It may mean Kirkland aren't interested in continuing to mine in the area...... an incentive for PNX to get the PFS out ASAP! So that the 6 month clawback period can tick by before Kirklands sell off their assets in the area and PNX get to keep 100%.
Or on the other hand it could mean Kirkland want to expand their holdings in the region to make Cosmos more economical..... so that brings the their 30% clawback right into focus and more likely a full buy out of PNX all together.... as right now they could get the whole company for a steal!
Watch this space.
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