We don't have enough money to carry all the projects forward. I don't think current management had much choice but to JV or sell it.
Sounds like the previous geology team at THR didn't do the QA/QC well and undervalued the resource significantly, reading the MD comments from IVR.
Is the subtext. "we got it cheap, THR is on the back foot, it looks OK, the previous THR team messed it up and undervalued it. But we need more metal in ground to get super excited. By the way we have a large lump of Silver somewhere else and that's a good thing".
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