2020 has been a milestone year for the world in ways that stopped us in our tracks without notice.

Boadicea did the very opposite and soldiered on amid unexpected adversity to clinch the milestone IGO $57 million deal.

The company is all set and ready to grow to the next stage having kicked a number of goals along the way in particular IGO paying $7 million to explore nine licences in the Fraser Range on behalf of Boadicea. IGO has five years to explore the leases and if they find a JORC resource there is a $50 million payout and further 0.75% royalty. It is important for shareholders to know that while the deal is referred to as a sale, Boadicea retains the rights over them.

Boadicea has been able to reward shareholders and in particular, long term shareholders with an 8 cent dividend per share. The company can start the new journey of its own exploration with sufficient cash in the bank. It still has two prospective tenements in the Fraser Range for its own exploration efforts and one particularly interesting one for gold in the Paterson Province.

Here is the full presentation to camera by Boadicea Managing Director Jon Reynolds