Hi Mangrove
I bought a few last week, low market cap of around $13m offers excellent leverage to any upside move if just 1 of the 10 upcoming drills delivers.
Of the JV partners, I already hold PTS (55m shares on issue, mkt cap $8m) and GCR (137m shares, mkt cap $13m).
Other JV partners include SRI and TKR, both have mkt caps in excess of $50m reflecting their other activities which gives them less leverage to the GRN drilling.
Cheers