Actions speak louder than words. In just an 8MONTH period, RIO commited to nearly $27 million exploration budget for AZY for last year & this year.
JUST 6 MONTHS AGO, when the maiden Winu Resource was announced to the world, outgoing RIO executive Stephen McIntosh said...
We’re taking a more agile and innovative approach at Winu, and are working on the studies for a smallscale, start-up operation focused on Winu’s higher-grade core...
“The additional exploration results reported today SUPPORT OUR VIEW THAT THERE IS POTENTIAL TO DEVELOP THE PATERSON REGION INTO A LARGE-SCALE OPERATION OVER TIME THROUGH both our 100% owned tenements AND JOINT VENTURES...
So there you go, it's clearly stated that RIO will develop the Paterson Region into a large scale operation through their joint venture. Do you see RIO spending $27+ million in 2 years on any of it's other neighbours in the Paterson?
If people are looking at the SP and ignoring the very strong body language of RIO, perhaps they should refocus on these key fundamentals
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