pre open, page-12

Either that or people who brought at 1.5 taking profits.

Either way I'm a bit pissed off we heard nothing from teh company about the other JV falling through. You'd think that would be price sensitive wouldn't you?

Also it appears now that they are giving away more in this JV that the other one i.e. 85% to 80% as proposed previously.

And the new JV partner looks like a little no-body i.e. not many projects around etc. So how easy is it going to be for them to get finance to even start looking at this project? And how long for them to take to get things moving?

Really bad decision IMHO! Should have got a farm in from a major with resources to get things moving quickly.

Still I'll hold as the region is under-explored! And high risk high reward if they do hit something. Oh and Uranium looks positive too (if they ever get that sorted out)!