It's actually the price I said it would be (~2.5c) and it's nothing like the FMG deal.. Which from memory was something like ~$16M as it included costs for drilling.. This is a straight selling of 25% for $1.75M. I won't go on about it, but it's actually worse than I thought. I thought it'd just be a CR and they'd get enough cash to find a farm out that involved drilling, or wait until they knew whether they were going to get the other 50% and farm out 75% to someone like CP for a multi-year drilling campaign... Instead we've seen 75% of Derby sold for $5.75M in the past 6 months in desperate sales.
bah.
It's actually the price I said it would be (~2.5c) and it's...
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