Nothing would excite me more than a "common sense" announcement like this one!
DEG ENTERS AGREEMENT WITH SBCC (Some Big China Company)
-DEG enters an agreement for SBCC company to buy the rights to ??% (hopefully 20% or less) of the King Kol Lithium Project.
This agreement excludes any gold in the surrounding areas, however the sum of money paid by SBCC will not only help DEG pay for the remainder of the Indee Gold Tennament it will also help towards there gold exploration having giving themselves a high target of 2mil ounces by year end.
Furthermore, in this ground breaking agreement SBCC agrees to pay 80% of the exploration cost to develop King Kol to a healthy resourse.
This sounds about right to me !
Nothing would excite me more than a "common sense" announcement...
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