They will get funds for drilling etc.
With the location of these tenements, they will be drilled to maximise the project value.
I think you are referring to JV arrangements from suitors , ie Newcrest or others.
This may well be part of this play, a JV player may be capping at .4c to get maximum fill/holding at 3/3.5 + options etc.
Sub holder notices will show this .
I will be staggered if a Newcrest/larger player isn't wanting a big part of this project
Ann: Prospectus, page-62
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