I believe it would be a terrible indication of the viability of this project if they didn't exercise their option. We've known all along from the beginning that if the project looks good trinity will take their share and if it wasn't up to par they will obviously not increase their stake.
Overall the fact that Trinity wants their share is better news than if they they didn't - think about it ...imagine if the news was the opposite. I'd be worried if the guys on the ground didn't buy after what they've seen so far. As I said before it does reduce our piece of the pie but it's pretty much another tick of approval that Teeg alone could be profitable in the future. So yes, this is a positive announcement from the company.
DRG Price at posting:
40.0¢ Sentiment: None Disclosure: Held
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