next door neighbour grr gets $298m for 10%

This one just popped up on radar with reports out today that Japanese steelmaker Kobe Steel throwing some big $$ into GRR's Southdown area.

AKA's Southdown tenements border immediate westside of GRR's.

Pretty sure AKA are drilling this at the moment.

Approx $6m in cash with M/C $15m. Not much volume since float so still could be some escrow overhang. Also has options but not much interest in them at moment.

Anyways one to keep eye on imo.

Cheers,
The Sparkler