With Novo having to wait so long for all the necessary authorisations relating to its own Pilbara tenements and appearing to have become a bit of a lame & mystified duck as far as the joint venture is concerned. I think it will benefit ARV and other Aussie Pilbara juniors to now take some control & lead the way themselves, especially with their plant and paperwork advantages. The near surface conglom nugget gold is obviously there and fairly easily extracted, so lets just get on with it after the 20ton bulk sampling results come in as positive for that approach initially. The delay with theoretical arguements and more detailed scientific measurements suits NOVO's situation (especially with the JV expenditure now chalked up) but its the early birds actually on the job that get the first worms if not also the tastiest!
ARV Price at posting:
24.5¢ Sentiment: Buy Disclosure: Held
(20min delay)