With the cash they will be able to develop the Happy Jacks field quickly and invest in any other prospective tenements (maybe similar to the Tam/Pil deal this week). Main thing I like is that with that kind of cash-backing you can invest in a spec that's as safe as you can get.
Hopefully we’ll soon have the results from the highly prospective JV holdings in the Leonora project area (Mertondale JV with NCM) and results from the Happy Jack prospect(100% GDN) at Comet Vale.
With the cash they will be able to develop the Happy Jacks field...
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