I dunno Leroy. If they think there's a JORC, I think they are getting a bit ahead of themselves. We will need to see the full accounting of the AC and RC drilling results to see. I personally can't see there's a resource here that would stack up even as a sattelite deposit treated via Plutonic.
If LSR wants to flog the project to Vango, then that would raise some cash. Vango may have more money. BUt Vango flogged tenure into LSR so...buying it back seems a bit premature. I don't know.
They are probably thinking of ditching their Yerrida tenure at McDonald Well to Sandfire. If they can spin that in there to reduce the expenditure commitments, that would be smart.
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