Today's SP, page-17

NEXT STEPS
:
As the joint ventures are now live , both Artemis and Novo are working together to establish the key terms of the joint ventures.
As soon as reasonably practicable, a management committee will be
established for each joint venture , which will comprise of two
persons appointed by
Karratha Gold,
and two persons appointed by each relevant subsidiary of Artemis.
Once the management committee
is formed, Karratha Gold shall submit a work program and budget to the management committee for approval. Artemis expects that the above items will be finalised in the short
-
term, and shall update
the market accordingly.
Karratha Gold [NOVO]


, three separate unincorporated 50:50 joint ventures have been formed between Novo’s
wholly owned subsidiary, Karratha Gold,
and each of KML No 2 Pty Ltd, Fox Radio Hill Pty Ltd, and
Armada Mining Pty Ltd (each a wholly owned subsidiary of Artemis)

This has still be finalised By Novo & ARV
2 from Novo 2 from Each of the subsidiaries of ARV


Further definitive agreements covering approximately 19 Artemis
tenements/tenement applications that are already subject to third party interests are expected to be
signed once all necessary third
-
party consents have been obtained.
So was the hand shake earlier in the week in relation to the next strange .