selling aphrodite project??, page-2

it means bugger all. They paid 7mil for it when then bought it. They've now sold it for 7.5mil. They don't have the cash to develop it and its too far for low cost trucking to wiluna. Get rid of it, realise some cash and hope the new owners work some magic and the options become worth something.

Don't know anything about this new Agl, but i would presume they won't have a plant. At best we can hope aphrodite deposit remains refractory and the toll mill through Apex, thus we realise some $ that way.

Regards
Davo