I think you are missing the point with the JV's.
They make us at the mercy of IGO as to if and when they spend exploration dollars, or even make the decision to go to ahead with the next phase.
The exploration side can be drawn out over 5 years (from memory), and with the current uncertainty at the macro level, they might sit on there hands in the medium term.
And our stake is highly diluted
And they did mess up one of the drill holes at CW.
Having said that, IGO is major shareholder and are in desperate need of a new tier 1 project with the Nova deposit dwindling. So they may infact be our greatest gift.
Anyway, as stated over and over, bring on drilling at our 100% owned land at CW. That could be the company maker, and provide our greatest leverage.
Milesy
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