Hi Strauss,
Don't forget the 2% Net Smelter Royalty with Newcrest even if NTL doesn't end up taking part in the project (like hell that will happen!). And, if Newcrest doesn't want the project after exploration then NTL get's 100% of the project back for free. Considering NTL thinks Rahu may host 1 million+ ounces of gold and 3 million+ ounces of silver ("a replication of the Talisman deposit") I think it's an interesting prospect.
And yes, the Talisman mine, last active 20 years ago by small scale miners and now being brought to life with some actual capital behind the project. Grades galore, you won't be disappointed
Robbo24