Hi Alterior,
I had the same thoughts about Newcrest.
When we had the joint ventures with both Newcrest & Ok Tedi I think it would have been better if the JV leases had been the other way around where Newcrest whose priority is Gold ( ie Bulago) & Ok Tedi 's is Copper (ie. Andewa).
Now that we have proven, with the very high grade trenching results that Bulago is a highly prospective chance for further gold exploration & Ok Tedi withdrew from the JV I think it leaves the door open for Newcrest, hopefully.
Cheers & good luck to all long termers, like me.
Ann: Closure of Entitlements Issue and Shortfall Offers, page-8
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