This is a good point. Now that the company is making leaps and bounds with FJH and will take it into production under many formats, do we really need to be holding exploration tenaments?
The cash flow generated from FJH could easily fund the "West Arunta" exploration, but imo the cash flow is better advancing FJH prospects and building on it.
I'd be happy to see the tenaments go into a "farm- in agreement with another player based on exploration capital spent on the tenaments. If something significant is found, it could be another JV and may utilize FJH thus bringing capital back into the company.
MTM Price at posting:
8.3¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)