@ecco $57 + royalties which could be significant cash cow for future exploration. Otherwise spot on what you said.
@allgood1 Ballot on licence applications happen all the time mate. BOA has made a great advance in the past 12 months on Fraser range, just have a look at the number of ballot wins alone within last 12 months. Not much was held before that. They can go and do the same over and over again in Patterson, Fraser, De Grussa, Julimar or Malina - world's your oyster.
