well this of course is the result of NHE deliberately going it...

well this of course is the result of NHE deliberately going it alone in an earlier CR where they explained quite well why they were, and not going down the JV route - which was more dilutive?? - depends on the deal that they would have done but given recent events there are many of us who at the time thought it was a good choice to go alone BUT maybe now are thinking not the case - a bit surprised how close to the bone the cost of Mebele drilling was/is in terms of seeing $7.5M in arrears for last hole - does not look like very good cost evaluation prior to drilling which if they had there would have been more money raised at a higher share price before drilling than now at 13c- that is poor management in my eyes given it was they who said go alone but did then not cater properly for the drilling costs