JB doesn’t like exploring in Aus to many prying eyes. Better to offload that asset for peanuts to someone who will actually do some work on it (see the 4CE Halls Peak sale for an example of being fleeced).
At the right price any shell can be attractive I just believe at $9.5 mil (prior to any further raises and costs of acquisition) that there isn’t much value here)
As previously stated if you can get in at .002 the same as the sophs there may be some scope to benefit from a pump.
Ann: Company Update - Oil and Gas Transactions, page-11
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