But Antipa would know a lot more than the market at this point. The JV agreement does not oblige Rio (who are the operators) to rapidly produce a resource estimate update, but it does oblige them to have given all of the new Calibre drilling results to Antipa. So it would be blindingly obvious to Antipa what they are looking at at Calibre, which takes a lot of the risk out of their decision.
Ann: Trading Halt, page-45
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