Think your right mate. I haven't been through all of sand fires Ann's but we all know that there are existing prospecting holes which has a lot to do with current exploration.
Perhaps this is a sneaky play by sandfire. Only up for 49% of exploration costs and knew Pmy could secure government funding for a good share of the rest.
Can see a takeover here or a buy out of Borroloola tenement.
Any major share holders in sandfire hold large positions in Pmy.
Ann: McArthur Basin Diamond Drilling Update, page-36
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