The HeliEm survey is certainly not going to detect a resource with any great accuracy. Drilling still needs to be done.
If you read the announcements, CQT had identified the ENE trend zone well before GFs (I think even before the JV). It is a 20km strike zone that extends over Mt Carlton and Silver Hills. Thats why Ive been so annoyed-its taken way to long to drill this target. Too much infill drilling.
The only way your JV sugestion will happen is if GFs doesnt have to disclose what theyve found. Sure theres a disclosure agreement but do you have to play by the rules? I think this is where the JV has failed.
CQT Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
