Its IGO running the show.
Great deal from Mike and good that its with IGO which will be a growth machine over the years to come.
Im not to worried about the 25- 75 split- seems to be the way these deals are being done in todays market. Got to give IGO its due for spending the money and the earn in amounts encourage them towards 75%.
Now to concentrate on W.A. I like this. I asked for this. Now just waiting for some geophysics for Arkun or a possible deal with Anglo on either data share or similar 25-75 split. We start to look like a very undervalued AZY if we can nail a few of these deals.
Also Mike has a good eye and obviously loves to peg a bit of ground. So its not like we will run out of projects.
Ann: IGO to Farm In to the Broken Hill Ni-Cu-PGM Project, page-9
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