Cyril I'm not sure what that EFE business is about???? I think that deal is in Poland from what I very briefly read.
Fact is GPP are being asked to pump in 1.5 million.....half our cash reserves to see if there is anything there and if there is we will have 28% of it as part of phase 1.. Smart by Ion...get some one else who is desperate to do the heavy lifting for you......very little risk for them. All the risk is with GPP....because if there is nothing we are dead as a dodo.
Also worth noting Ion don't actually have Lincoln or Ashburton only the rights to acquire.....DB
GPP Price at posting:
0.8¢ Sentiment: None Disclosure: Held