Ann: White Rock Expands Red Mountain Tenement Package, page-6

From paid WRM Spotlight Ad:

Sandfire has the right and exclusive option that can be exercised prior to December 31, 2018, to enter earn-in JV agreement in relation to the Red Mountain Project.

“The terms provide that Sandfire would sole fund the next four years if they elect to enter into a joint venture. We would manage the first year’s program. This is a great outcome for White Rock Minerals shareholders – having money put into the ground by a successful company like Sandfire, into White Rock’s 100%-owned strategic tenement package.”

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Well...let’s just say that it will be very interesting to see what sandfire do in a couple of weeks

If they ‘politely decline’ ...look for a 15 year SP low!