afr article today, page-2

Very interesting indeed. Usual write up of the deals made to date but states also lookiing to do a minor jv interest type production deal on bungaroo, limited however to capital contributions of 100m. May seek to invest in smaller juniors looking for capital up to say 40m. Scouring opportunities outside of WA and mentions africa and NT. Strategy going forward may be to be an investment co that finds and monetises projects and not a producer per se.

Want them to concentrate on bungaroo first a minor production jv sounds good. Interesting though the way forward once royalty income comes through doesnt look like alwyn wants to just bank royalty cheques going forward.