A muted response to what appears to be a favourable proposition. More info is required, and I hope the JV is no more than a 30% Chinese interest. However, the outcome could be very positive - with an up front capital injection to ramp up drilling, financial muscle for production, plus offtake.
The question is - how much of the farm do we have to give away?
A muted response to what appears to be a favourable proposition....
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