Ann: General Security Agreement, page-317

I have thought the same thing what are the legalities over that? I'm assuming the JV partner probably helped them get it all over the line anyway due to the in-country experience. Is it still split 70:30 or do we own the other concessions 100%?

How can we be valued properly with untested exploration concessions? Do management simply walk away and just be happy with how much they have made and gamble the untested land? When you think about it also a lot of work would have gone into this was it all done to set it all up for a T/O offer?

@Corgi have you ever come across another junior explorer in a similar position ? Been taken over and had a massive land holding that was untested?