Ann: Rio Tinto Devoncourt Project Farm-in Agreement, page-79

Well this is what I hope as well that their strategy would revolve around. 'leveraging off the existing rio drilling' instead of drilling wild cat holes to find any intersection. Rob and the team are experienced operators. Hopefully targeting areas based on building on what Rio has completed to date to increase the probability of finding something. Like someone else mentioned, 500k for a peek of what's there is not a huge amount.

not uncommon for operators to farm out the exploration phase of their early projects.

imo, great risk to reward if they come out with something. I feel that if cnb/rob felt that it wasn't worth pursuing or the terms wasnt to the benefit of cnb than this agreement wouldn't have materialized or be announced.

will be interesting and keen personally as a shareholder to get updated on this development. May aid to rocket cnb value in the long term.