Rahu Project, page-10

NCM haven't explored Rahu. NCM spent $5m through LNY drilling permit areas that NTL abandoned a very long time ago. NTL carved out the Rahu permit area.

NTL already has a JORC compliant resource at Rahu. NTL knows there is gold there but hasn't got around to deep drilling yet.

Seeing as NTL may actually be in a financial position to drill it themselves I wouldn't mind seeing the 100% come back to us tbh. We had an MCAP of like $4m when the JV was signed.