Gbz farmed out the little stuff in order to fund Milo, Tiger etc. Hence no SP action off the JV anns.
Like I mentioned in my last post, my main concern now is funding on these priority projects for next year. I really would appreciate anyones thoughts on what they will do to fund next year. Maybe i've overlooked something?
I'm thinking a farm out may happen, which would be good short term for SP. However, I don't think it is Peter's first option. I think he would prefer to fund Milo off a cap raise and option conversion in order to retain a larger share of the pie and that's what he went for this year.
GBZ Price at posting:
7.5¢ Sentiment: None Disclosure: Held
