RE: Palladium is The King of Catalysts18 Aug 2022 13:55
It was really a masterstroke of deal-making on a level which I doubt I will ever experience as a shareholder again in my lifetime.
UFO first acquires Elizabeth Hill. Then Munni Munni North. Platina took Artemis to the High Court on 20th July 2020 to stop them vending 40% of the main PGM & Gold Project to EEE, after which UFO's SP starts to rocket.
UFO then acquired 30% of Platina, which gave them the right to first refusal to purchase the remainder 70% off ARV.
Now whole region has been consolidated.
As Rod stated:
"This is the first time in several generations Munni Munni has been owned 100% at the licence level after settlement of multiple long running legal disputes dating back decades in regard to ownership."
Munni Munni should have gone into development ages ago. Now after Russia's actions, with region 100% consolidated, there is no doubt Munni Munni's US$5bn Resource (+ open at depth & along strike with Nickel, Cobalt & Copper) will get unlocked.