I think y'all are over-reading Ausquest's announcement, which its highly material to them though not to S32.
This is the framework, the arrangement. If they find a project S32 likes, everything proceeds.
GK & team don't throw drill money around. They are interested in province-scale finds - Arctic, Hermosa, perhaps Chita Valley.
Think of all the wonderful, amazing, glorious global opportunities that have been considered and declined.
A similar relationship was in place at OZL/MEP. AC was a kinder benefactor, to little benefit.
Be careful out there!
Ash
News: S32 Ausquest And South32 Extend Strategic Alliance, page-5
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