Hmmm... "not their 17.5%".... DCX's 17.5% or (our 17.5%) CNB farmed into these tenements. Nothing wrong with DCX choice of tenements, just need the cash to give them a good going over. Team is fine, nice Geo background, has some scars, just stuck in hole with cash as a wall.
Cash, could kick the can down the road with small raisesbidding time until the environment changes or a neighbour hits. We do have exploring/drilling neighbours and partner.... but the announcement seems to indicate change. I would guess a divestment, sad to see tenements shared with CNB go. But lets see...
The balance was quite nice in tenements their and Newman, WA.
Ann: Suspension from Quotation, page-13
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