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Agree AP,
Mark Bristow has stated in past Rand ANN, his main concern is production and JVs... The benefit to this is that they can leave the exploring and "risk" to third parties!
I've post an example of the imbalance of morilas spreed sheet of production in the past, which stuck out like a sore thumb! And from what has been said by MB is that they are happy to work along side explorers. Many benefits to JVs over total control, one been the initial Cost to purchase proven up resource from etc etc

Not saying this is a certainty and I hope it is not a direction KJ would consider? Unless its in the hundreds of mill $