not 100%, but I think if they do not spend the requirements the leases automatically revert back to 100% FNT leases.
When :) they hit paydirt on two leases early in the process for example, that will be be interesting on whether Ok Tedi decides to purse all leases themselves I feel. Having 5 is about reducing their risk. With a promising start with one striking visible copper and their now drilling our king maker in Bulargo..IMHO.
company discussion update, page-45
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