The content and whether its sycronised is more important than the timing.
If someone is invested in TUL and don't realise any announcement by PNR in relation to Norseman gold is equally applicable to TUL needs help.
I'd say with 99% certainty that TUL are the deal makers as that's what their self described core business model is - mining investment house. They don't mine a thing, that's what PNRs core business is and why the JV should succeed (little overlap).
TUL Price at posting:
62.0¢ Sentiment: Buy Disclosure: Held