If this TH is about a JV then two likely options would be the neighbours being First Quantum Minerals to the west of our permits or Barrick to the east as there would be synergy benefits with either. It is also possible that this could be about assay results based on the samples sent to Australia which were expected to take 12 to 16 weeks according to the announcement of 18 November last but the announcement should have explicitly referred to those results. However, if a potential JV partner has been waiting for those results before committing then maybe they have now seen them and like them enough to commit. So maybe we will see these as well on Monday.
ARE Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held
