Reading between the lines of IGO's (fraser range tenement)...

Reading between the lines of IGO's (fraser range tenement) takeover statement, there could be more to come ... LEG next? Has good ground AND CASH.

"IGO has a strategy to:

 consolidate a larger tenement package on the prospective geology within the Fraser Range;
 invest in R&D and exploration to develop a thorough understanding of the Fraser Range geology and mineralisation; and
 develop and test exploration targets and concepts in the region, with the aim of discovering additional magmatic sulphide deposits to leverage off the invested capital in the Nova Project.

The acquisition of the Windward tenement package aligns with IGO’s strategy and strengthens its brownfields exploration portfolio proximal to the Nova Project".