Not sure what to make of the latest JV announcement. From what I can find on google, CNACG has been sent out by the China govt to do coal JV's. Found one with Altona in Qld and some in Africa. But CMY doesn't have any coal.... so perhaps they're interested in the uranium at Munderno(?). Or perhaps some coal will come out when the details are announced.
First CMI, now CNACG....what next?