Ann: Acquisition of Andash Gold-Copper Project in, page-8

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  1. 1,182 Posts.
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    re: Ann: Acquisition of Andash Gold-Copper Pr... Pezza, interesting comment, I was initially bewildered why SG would have put up the money with another entity to purchase Andash. They have a very large investment in Kentor and could have bailed them out and kept the status quo. Andash although not operational was actually zero cost with the offset rental of existing plant.
    It may be that they do not see eye to eye with the KGL board and strongly believe that a new strategy was only possible with the board of ROL.
    I’m not sure if the Chinese connection will swing their chances but I sincerely hope this project goes ahead. It has the potential to put a rocket in your SP. I will be watching closely!
 
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