Think I would much rather have the ca$h. They've been given the runaround on this one & left with no option than to accept the piecemeal offer.
Let's hope they strike a decent hit on the copper but this is an explorer at the very spec end we know how that goes.
The actual cash received imo is not enough to realise purchase of a near term producer and would maybe cover a few rounds of exploration after pay back of loans imo. So am expecting news of spp or the likes..
Ann: Surat Gas Settles and Investment in Copper Project, page-2
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