RXM 0.00% 45.0¢ rex minerals limited

Ann: REx signs Letter of Intent with Nittetsu Mining, page-18

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    What interests me is given Nittetsu can earn up to 45% and RXM want operatorship then by logic that leaves no room for a third partner, or one assumes if a third partner offer is looked at seriously by RXM then do they the Nittetsu have first right of refusal - i would think so - so to me that is it in terms of partnerships??????? - does this makes sense to other rxm posters
 
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