Hi John435 - what is your take on CJO being able to earn up to...

Hi John435 - what is your take on CJO being able to earn up to 75% of SMD's molybdenum-copper-gold-rhenium deposit holding at Kalman South by completing a bankable feasibility study - they have obviously walked away from this and yet the ground yielded results comparable to Ivanhoe's ground due east which Ivanhoe consider to be top rate( I don't know how far away but as far as distances go up north probably a near neighbor?).
Anyway, if you were SMD's management would you approach Ivanhoe because:
1) they have the money to develop whilst we concentrate on the copper/gold at Mount Remarkable and as our resources are limited or
2)seek to buy it back by getting another well heeled partner to join the fold - I suppose our large Korean shareholder would have something to say in this regard.

I am mulling this over on my third glass of red because I don't see anyway forward at Kalman South with CJO looking like they have jumped ship: I suppose it would cost a lot of dollars to develop the field.
So, it really looks to me like Kalman South goes on the back-burner until after the next GFC hit when these commodities will really take-off.
Anyway, the important thing to my mind is the Mount Remarkable resource - some of those copper hits are way above the current big mines average and the next drilling reports are awaited with interest.