nice bigstock.
be good if we can get the 2nd phase drilling well underway by the time due diligence is finished. could be some gamesmanship from lcy in this respect imo to extract maximum value. anyone know how long the drilling campaign is set to go for? the deal may well get "pushed" out to closer to the end of august to enable more time for the ducks be lined up.
hopefully the valuation is based on inground value of resources rather than a vwap of the sp.
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straight from the horses mouth, page-3
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