All good...as part of the announcement
"It is Ranges intention to offer a participation interest to its joint venture partner, Red Emperor Resources NL (ASX:RMP) on terms to be agreed"
So we're involved in this pie as well...nice considering the news was that BP was negotiating offshore leases with the government. We beat them to it and secured what Range believes is the most 'prospective block' after 2 years of prework.
We are frontier country boys and girls and the leaders have a higher probability of the spoils.
DYOR
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