CLE 0.00% 0.1¢ cyclone metals limited

sappes progress, page-8

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    the latest from Sagey on Marampa, he provides a Sappes snippet. Looks promising in the chance that GLY can't stump up with the cash he has a contingency plan/bidder in place.


    "Elsewhere, Mr Sage said, Cape Lambert had already lined up another buyer for its Greek gold assets if the existing bidder is unable to secure the cash needed to complete the deal.
    Perth-based Glory Resources struck a deal to acquire the Sapes gold project in Greece from Cape Lambert back in August for $32.5m in upfront payments, $4m in shares and up to $10m in milestone payments."


 
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