One would think if they have a buyer or have had the slightest boardroom discussion to divest the Mt. Peake resource (not a mine yet), either through sale or another IPO similar to TRT, they have a duty to shareholders to make that the most attractive proposition possible. That would involve extensive drilling on the East target highlighted in the 6 December 2013 announcement. The fact there has been no mention of drilling suggests to me it won’t be sold off but it does leave the IPO scenario on the table.
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