shenghe will not want multiple mine operators mining different commodities on the same tenement, each being exclusive to their respective commodity. Shenghe will want the whole lot and it’s a lot simpler that way.
i think the writing is on the wall with the last few announcements related to exploration results…to me it appears as tho peak are trying to create a bidding war. Tie that in with Macquaries engagement.
the cash burn is deeply concerning with no strategy in sight to preserve cash, I think we have another 2 months left of cash at current burn rates. Be good to see some deadweight leave… in my eyes the only bloke that deserves to be there right now is the exploration geologist
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