Hi BD...obviously you have read the recent GLM announcement.
Some of the points adress your concerns, Legend Way is Asian Based and is in the business of securing resource concessions in South East Asia.
Legend Way will assist the Company under the agreement with the assessment of potential projects for acquisition and with obtaining the necessary finance for the acquisition and development of the projects concerned.
It appears they are targetting Indonesia predominately due to it being in the top 6 thermal coal producers in the world, they are also looking at other Asian countires.
The Remta brothers have mining interests and experience already in Asia.
I have taken a position.
GLM Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held