sale of zola/bianchi prospects., page-201

Auto - looking at the accounts, it seems that they generate revenue of approx. $17 mill per annum. Thru to end 2016 - say, $45 mill.
Discount of 10-15% maybe! - gives about $37.5 mill

I don't believe that the market would punish the company for doing this - resolves short-term liquidity and then the Manora revenue comes in.

I think that Manora is progressing well and there are no major issues - anything else would surely require disclosure. This leaves me with the impression that there is a lot of "jumping at shadows" because one significant holder wants out (for whatever reason).

We need a positive announcement soon to regain recent losses in the run up to Manora production.

Looks like an opportunity to me ................

GLTA