Ann: Red Bore Pre-emptive Right Exercised, page-52

IMO, there is still much to play out with the RB prospect over the next 18 months & among the many possible outcomes SFR might still get a shot at it. WR has taken on a lot & good luck to him. In the meantime, THX wasn't going to explore RB over that time anyway, they now have a free carried tenement with RB, they have additional cash for exploration & whether WR is successful or not there is more negotiating to be done with RB. As always in business - he who has the $$ calls the shots - so box on with GG with the extra funding we now have & become the party that has the $$ come negotiating time.
At least RB is not a distraction now.