Yes, we will see what happens.
David Archer will not want his own shares diluted any more than we do. So he must believe the 'proposed' placement is value accretive for all holders.
Perhaps it is that the incoming Kanmantoo partner wants shares in HGO rather than just a share of Kanmantoo...?
As for the 20% of the Indonesian projects - I assumed that that was part of the new mining laws - that a local company has to hold a minimum equity share...?
But, I said I wouldn't speculate! :)
Y
Yes, we will see what happens.David Archer will not want his own...
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