Your final point is very pertinent, that the old Round Oak exploration tenements in NW QLD have been held by WH Soul-Pattinson/Round Oak and their predecessors for a long time and are in very prospective ground quite similar to ground being explored by CNB, HMX, A1M and CPM among others.
Round Oak hadn't done a lot of exploration on this ground, so it will be interesting to see if AIS do follow through and set up their own exploration/development presence in NW QLD or if they go down the joint-venture or even transaction route and either dispose of or joint-venture with others active in the area. Having Glencore and Barminco as friends in the area is certainly advantageous.
All needs the price of copper to behave itself though.
Your final point is very pertinent, that the old Round Oak...
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