Would not interpret the JV as a Rio retreat from Patterson. Working for a miming multinational, a lean and focused explorer like GGP will get cheaper and quicker results by avoiding the majors bureaucracy and internal road blocks.
Onceover, interesting point you make, does the new act make existing PEAHR agreements void?
If so, pandamoium awaits.
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Would not interpret the JV as a Rio retreat from Patterson....
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