It was also mentioned a few times that drilling was currently underway at Buldania.
There was diamond core drilling scheduled for the Angepena area in October, although DR mentioned that getting results before xmas was not likely. The company has also spoken with farmers and they're open to working with the company and giving them access to certain areas all year round, Angepena being part of this agreement.
I spoke with Tony after the voting and presentations and he is very much interested in taking KV to production, Flashpoint did mention his thoughts of selling KV but TO said that he didn't leave a career at BHP to polish KV just for a sale. I asked him about a possible JV and he said he wants to keep KV 100% owned and doesn't see the point or need to bring anyone else on yet. Overall he seemed rather confident and very passionate about LTR.
I did ask the accountant on his way out what the likelihood of me getting shares via the shortfall order and he just said that it would be very tight and unlikely... TG did also say that they could have likely raised double the amount they wanted because they were that oversubscribed and there was a lot of support from LTR holders with this raising.
I got the impression that all of management seemed to be confident and very keen to progress with this demerger and both companies with their respective projects.
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