We see the state of play very differently Keith !
I posted this in the CBE forum: "Very pleased to hear that BHP are potentially looking to enter a JV on the KIT E & W projects while emphasising that it's a Tier One resource they're going for. Before CBE took over Kitlanya Metals the geos and technical team were sure they were close to finding higher grade deposits in the traps and folds at KIT W. BHP have done their due diligence in the data room and have chosen what they see as their best chance to get that Tier One. Exciting times for CBE with fully funded aggressive drilling on the cards. So much of CBE's assets are definitely not priced in."
Early days of course and I hope BHP take on the JV. SRT has an uncapped 2% royalty (NSR) on KIT W and KIT E so any viable Tier One resource will add real dividends in time.
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We see the state of play very differently Keith ! :) I posted...
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