Re: the JV partner, I was wondering if they might be holding off making a decision on that until measured reserves are announced. This would put them as the front-runner here in Australia and might strengthen their hand for a more favourable JV arrangement. Not that I know much about these things...
Yes Earth, access to drill rigs would be nice. I assume this would be the main benefit of a JV? I'm not sure how many drill rigs there are in Australia that can drill to depths of 4km+. Any ideas anyone?
PAX Price at posting:
13.0¢ Sentiment: Hold Disclosure: Held
