Perhaps they are waiting to see how good the Irvine results are? If they are great would they possibly sell Tandarra to CYL to fund our other projects? This would mean zero share dilution and heaps in the bank for future endeavours? Don’t forget our directors own a lot of NML shares so less dilution and heaps of extra cash in the bank would probably work well for them?
However I think that Tandarra will be way too good to give up so they are probably making sure that the JV contracts are air tight to protect us from take overs etc?
Anyway news on JV must be very soon and a summer drilling program to hopefully go with it!
GLTAH+DYOR
Tandarra Update, page-44
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