The Chief Geo (ex Oxiana and PanAust) has spent a lot of time in the neighbourhood exploring, and Cambodia is comparitively underexplored and they have pegged a substantial area to explore. I'd be keen for them to hold on and have a look.
If it proved to be a distraction from bringing Mt Kare into production, they could always JV the Cambodian assets with a more focussed in-country explorer there, retaining potential upside but minimising outlay and potentially driving faster exploration.
IDC Price at posting:
15.8¢ Sentiment: LT Buy Disclosure: Held
