Artemis and why they soldArtemis has a nickel discovery that they announced drill results on May 2.....its quite close to a processing plant they own with medium to significant grades...but they need to expand the resource to make it go...that takes cash......their share price has dropped from a high of from the original Karratha/Pilbara excitement of .50 to .19....they probably figured a raise of equity at these prices made no sense......Novo has released Artemis from the sale restriction, because the shares are going into a significant investors hands.....no big deal......and just because Sprott is the chairman, doesn’t mean this did require board approval.
Cheers
GLTA
MC