Not sure you're totally right in this. I just listened to the entire MinRes teleconference and one thing came through loud and clear: smarting from his recent AWE loss, Ellison is hungry for a TO win. He even says it. Interestingly, right at the end, he sounds less confident, sceptical even, of getting AGO for the scrip he's offered.
GW
what no one wants to talk about, page-2
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