re: Ann: Torque Mining Ltd enters into JV wi... i dont mind this...

re: Ann: Torque Mining Ltd enters into JV wi... i dont mind this deal, as UFX says it derisks part of our tassie portfolio and it opens up an opportunity to do business with BCD down the track. The guys on the BCD thread seem to think its a good fit as well as they have processing capacity. This ann might have actually seen a little bit of movement in the SP if it wasnt for the ASX glitch. Its obvious that the market doesnt value our Tasmanian assets (i didnt) so potentially getting something out of nothing could move the needle ever so slightly.

I have to hand it to PM he does get a good JV done.