re: Ann: HLX: Helix and Giralia to Spin out ... More good news.I...

re: Ann: HLX: Helix and Giralia to Spin out ... More good news.

I didn't even know Giralia held these tenements!

It's great that Giralia go back to their tried and true formula of spinning out those projects that can be best managed elsewhere by way of an in-specie distribution. Whilst the tenements may not amount to much, it is a sure-fire way of getting the market to value something that previously had no value ascribed at all.

I wonder what else Giralia have in their kit bag? Brilliant strategy picking up all those unwanted tenements when other miners decided that their future was as a dot.com.