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Ann: Drilling Update at T3 and T1 Projects, page-21

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  1. 699 Posts.
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    Fascinating Dr JW to hear of your early investing in DML. At those times the theory certainly seemed to be that the best deposits would be found in the NE of the KCB. JH and JVR did scratch their heads at some of their choices of drill targets (and drill directions)
    Fortunately JVR had been working in the KCB for long enough to have his own strong opinions on where to drill and JH was astute enough to give JVR full autonomy on where he drilled. Hence T3 was discovered.

    As for the threat of a predatorial take over I can see that possibility as being very real and I know that the JV partners are doing their best to put strong defences in place . They also will want to prove up as much as they can of the AEM targets inc T4 +T20 to inform the real value of the tenements.

    I can imagine all sorts of agreements, MoUs, maybe even selling parts off as they progress towards mining. We shall see!
 
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