gpn has 40 percent interest in apogei pty ltd , page-8

Angers,

Thanks for the comments and I was well aware of the structure entered into.

It does not however explain what consideration was paid for the new acquisition i.e. did the subsidiary/ JV company dilute their shares further? Did they pay cash? Did they enter an agreement about drilling for a percentage of the tenement?

Mojo, these are reasonable questions to be asking as it is unusual for a company to purchase a tenement and not state what was paid. If it was a fantastic deal the directors should be saying, for example, we purchased this tenement for $1 and the share price will go up.

Like I said a little weird but anyway good luck I will leave it at that.

I am the Iceman!