They will get funds for drilling etc.
With the location of these tenements, they will be drilled to maximise the project value.
I think you are referring to JV arrangements from suitors , ie Newcrest or others.
This may well be part of this play, a JV player may be capping at .4c to get maximum fill/holding at 3/3.5 + options etc.
Sub holder notices will show this .
I will be staggered if a Newcrest/larger player isn't wanting a big part of this project
Ann: Prospectus, page-62
-
- There are more pages in this discussion • 31 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
