Hi
@Maccajohn,
This is from an interview with Alex Dorsch by Tim Treadgold for the Eureka Report last November"
TT: Alex, if I can take you back to a question Alan asked at the start and that was funding, either more cash or a JV partner. There are two standout companies which really ought to be involved with you. One is Anglo American which controls South Africa’s platinum industry and must be looking at what you’re doing with great interest. The other is BHP which has gone off exploring for nickel in Canada when it’s got an enormous nickel division in Western Australia and doesn’t appear to have recognised what you’ve got. Are Anglo American and BHP knocking on your door?
Look, they’ve both been very positive about our discovery basically since the day we announced the discovery hole all the way back in March of last year. They’ve both made themselves aware to us and they’ve showed some interest since then. At this stage, we don’t really have any interest in pursuing any transaction with them. We’ve got 100 per cent control…
TT: But you certainly know where there’s a pile of cash if you need it?Yeah, look, absolutely, but there’s no shortage of cash from all sources at the moment. I think we’ve found a very, very interesting discovery on the global scale, so we’re not limited to just going to corporates as partners or for sources of capital. We’ll continue to engage with them but at this stage we want to know what we have first and I think obviously we owe that to shareholders to determine what is the true scale of this -- is this just a single deposit or is this just a series of deposits or is this a new mineral province of which we own 100 per cent of. I think the first port of call is to continue, drill some holes and determine really what we’ve got.
disallowed link/investment-news/chalices-platinum-find-may-promise-more-excitement/150713
Also in a AFR article last June:
"The potential scale has mining majors keeping a close eye on Julimar. Some of them will see the proximity to Perth as a massive blessing."
"How big it turns out to be is still up in the air, but what is known has been enough to catch the eye of Anglo American and BHP."
Chalice boss and the dream discovery so close to home (copyright link)* You should be able to find the articles with google if HC blocks them.
(20min delay)