"Yes, EEE will be the operator of Munni. Artemis have several projects and didn't have the resources to progress them all. There were several companies interested in acquiring the project. Artemis selected the EEE proposal due to the strength of its management team, who will now be responsible for developing the project, and it offers them very large potential upside from taking a large stake in EEE."
Well there ya go............ we knew it certainly wasn't due to the real cash they paid or the ability to fund any major work at MM from current cash.
Will Covid-19 send them into administration?
ARV Price at posting:
3.1¢ Sentiment: None Disclosure: Held
