BAR vs CNJ, page-13

Hard to tell, but CNJ carries nearly AUD$6 millon more in exploration and evaluation expenditure than BAR (AUD$15 million vs AUD$9 million) on its balance sheet. BAR might be making up for a historical expenditure shortfall between the two companies?

In terms of the market cap of CNJ and BAR having to be higher before any JV with Creasy. I dont see how that comes into play. Its all about the value of each entity's share of the Co & Ni resource . In terms of the cobalt and nickel resource, it looks like each entity would be entitled to a third of the market cap of a completely new entity if it were to go that way. My personal opinion is that it has to go that way as it will catapult the NPV by increasing economies of scale and annual throughput and production.

It will border on utter stupidity if this project doesn't get a move on soon. The silence is deafening.