Marwoode you have out done yourself on the post , very well thought out.
Vic,
[quote]
If GFA offer NPV in a TO, what value is left for them? Perhaps only speculative value.
[end-quote]
Correct vic pay NVP $300 million then on top, get the massive spec for nothing. Dip drilling + what they have already found in JV area (dont have to report) and what CQT have yet to discover inside CQT exclusion zone.