gold fields signs jv with conquest..., page-18

I'm with you SP.

With a proven resource at Mt Carlton to be announced shortly, CQT could borrow money for infrastructure based on BFS and retain 100% equity or alternatively raise the necessary funds from shareholders. Either way no dilution.

But to give up 75% of the entire project for NPV minus whatever GF spends on drilling is a joke. No wonder the market doesn't like it.

Did they evaluate any other options...seems not...no other JV partners out there offering a better deal.

Very disappointed.

I wonder what's in it for the directors...