investor presentation question., page-7

Cdchi.I dont disagree with what you say and sounds like you like exploration companies as much as I do. I play the same game as you except now I do take a portion of my holdings through to production as since the GFC that is where some of the greatest gains have been for me.
So for me the end game is quite relevant.
I have not been involved with an exploration company that is obliged to JV at this ratio so I see a limited upside but thats not to say I wont take a position as I think any exploration success would be good for the GMM SP and Li is certainly the flavor of the day. Does Potash and Iron ore have the same conditions attachedI never thought to ask??
Cdchi.do you know the motivation behind GXY spinning off this company??

Cheers mate