chintukim,
The options expire on 30 June 2012. I'm expecting a lot of announcements well before then. Specifically;
Drilling results at Kumarina. The drilling starts this quarter. The old mine had grades of 37% copper.
Drilling results at Horseshoe Lights. Drilling recommenced last month.
Mineral resource re-estimation at Horseshoe Lights.
Various surveys of the 2 projects.
PFS of the tailings.
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