Ann: Evolution Makes Strategic Investment in Phoenix Gold, page-13

"Phoenix will allocate a 60% share of the total A$9.0 million investment to accelerating exploration on Phoenix’s highly prospective Zuleika shear gold projects"...

Wasn't that meant to happen from the last CR ??

Interesting a second producer wants to put their finger in the pie...lets hope on good drill results we will get a bidding war for the rest of the company..and might finally get some kind of fair value ...(with new dilution prob round 40c IMHO)