Agreed. The JV time limit is telling, as are the words 'realistic proposal'. Obviously, numbers have been thrown about, but Maronan has always been Rob's baby (the dude is obsessed with it) & simply isn't prepared to offload it for a song. This fills me with great confidence. Rob, more than anyone, knows the true value of Maronan & wants to maximize this value for us shareholders (and himself as a large SH).
The dream scenario in terms of alternative funding remains: exploration success during the current drill campaign. SP runs to $1. They raise $10-$15m to advance Maronan to PFS. I reckon this has always been their strategic plan.
Ann: Drilling underway on the large Woolatchi copper-gold target, page-16
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