re: Ann: JV Agreement over Highly Prospective...
It now seems that jv's are made with very hefty fees to certain capital coys but they never drill,this has been happening now for a number of years,this latest one ,you have to check the fees and the length of time and the jv is owned by who ? a private coy now..no real proof of any exploration and always letting the lease areas run out of time and re-newing with more payments.I really think this is an investigation now i also think that josh has known brian for a while through capital raising but look at some of the coys they financed .
MPJ Price at posting:
0.5¢ Sentiment: None Disclosure: Held
