JRI IVZ Fireside Chat - March 26, page-566

The PPSA by itself may not move the share price, if a JV is in the background waiting to push the button that will move the share price depending on the offer. Why? because it will give price validation to working interest, it will cash us up, and will contribute to the work program.

We talk about market cap and we talk about Mukuyu, but if we JV on WI for the whole package it isn't a small deal, regardless of what the other two are worth. Yes there is risk, but it is a bloody big prize on offer for those that get in early.