This is very, very good. Why would MLX be providing $2m in loans to SAU if not for the purpose of sending out the rigs to educate both companies on what is in the ground? SAU has sought this loan because they are keen to get out there and don't want to wait until Q4 to do it.
These deposit types are not narrow field types, there will be a myriad of vents of varying degrees of concentration. They have clues where they are, they just need to prove them.
If MLX doesn't buy SAU out, SAU is going to grow on the back of this project and dig more pits and make us more money. And it all comes back to this moment and that $2m loan. The Cannon/Georges deposit is not a one off, it is going to have some very close neighbours soon enough.
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