WGR 0.00% 2.0¢ western gold resources limited.

I presume AGG will take up their option now to avoid paying...

  1. 12,484 Posts.
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    I presume AGG will take up their option now to avoid paying triple on future exploration. If they didn't want it, why would they say so now, when they still have 6 months to decide?

    Anglogold Ashanti knew the potential of the deposit and whether or not it would "fit" in their corporate objectives when they signed the initial agreement with WGR. The Rover field is an under cover replica of Tennant Creek and Rover 1 is shaping up well in comparison to known TC IOCG's.

    If AGG do take it then ADN should get a lift as some of the Rover 1 deposit is hanging on their side of the fence, which makes them an obvious takeover target.

    All the above is pure speculation.
 
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