Ann: Expansion of West Musgrave Joint Venture, page-3

I think given the tenements were applied of the WMP JV they get 70%.
IMVHO. A separate way to look at it is when funding for the exploration of the new tenements comes up it will be treated via the Agreement for the WMP JV. It may well be if they don't help fund it we can JV it with someone else.

Of course Salpetie is the resident expert on these things and he may help us out. More importantly wrt the productivity.
From my limited experience I'm happy we've got that extra land I compare it to the land rush around the Tropicana mine in the Frazer (?) belt.
The geologists led by Dr Horonsky have said drilling and structural interpretation from WMP and Mt. Squires could lead us to more mineralisation.

The question my lecturer asked re- ore gelogy was " Where is the best place to look to find ore?"
To our bank faces he said " Around where you found it before".