This is my beginner and rookie opinion so you should probably take this with a grain of salt but I don't think MLM has much of an intention to do anything with that project anymore. I think the cost of the farm-in proves that MLM is probably just happy that someone wanted to pick it up and do something with it, regardless if there is any success with the project. I think MLM are purely focused on their Bauxite project as they should be and that is my main interest here.
I'm dumb and probably wrong but by signing a JV with AUZ I don't think that project will ever go anywhere.
Hope everyone is having a good week
Cheers!
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