It may be interesting to note that SAR's offer of $9 mill for the Bundarra tenements,immediately to the south of GW,has been rejected by BGH shareholders.As it is SAR's stated objective to become a mid tier Gold producer,it would be imperative for them to secure satellite deposits for feedstock to justify the CAPEX of it's Thunderbox operation.Simply put,they don't have enough resource ounces to justify a ten year mine life.
I would expect some news,[long awaited],with respect to an offer or a GV proposal for the GW tenement,in the not too distant future.Good luck to all holders who have stayed long on this one.
Ann: Board Changes, page-5
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