re: Ann: Ok Tedi Mining Ltd to Withdraw from ... Hi denver,
I agree that we now have an excellent 100% owned drill target with Suguma (on the Bulago EL). Hopefully we will have enough money coming in in the next few months (via Torque) to sustain a modest exploration campaign at Suguma ...
I originally also thought that today's announcement was referring to only "some" of the Ok Tedi JV areas. However, when I read it again in more detail, it became apparent (to me at least) that it was talking about the entire Ok Tedi JV (which covers 5 ELs in 2 separate JV agreements).
Rgds, W.
Ann: Ok Tedi Mining Ltd to Withdraw from 2 Joint , page-3
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