Hey Rookie,
I see Sandover as the last roll of the dice for Burton and Biddle. The problem was that the initial deal that they did made it impossible to monetise. Burton was no business man, but let's hope his geology was sound
The way I see it is management have 'Fixed' the deal with the vendor and have now negotiated a prospector using advanced methods to complete exploration with out us dishing out capital or causing a distraction.
There is very little downside risk for us going forward whilst maintaining most of the upside and not causing a distraction to the main game.
I'd call this the last bit of housekeeping to get the house in order...
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