RNX renegade exploration limited

Ann: Renegade Acquires Interest in the Carpentaria Joint Venture, page-4

  1. 19,487 Posts.
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    Seems appropriate for RNX as they are not managing the exploration, so they don't need any skills in that area. They can just sit in the office signing cheques for their share of the program with OPM with breaks at the cafe for refreshment. Am I missing anything?
    The ground is in a good location, but black shale can make it tricky for geophysics, and not much in the way of discovery to date.
 
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