Ann: Cartarpo Co-Cu Targets Extended, page-16

Meteor, maybe this window dressing as you say, to make us look pretty for a JV. Wish I had some form of stats to be able see the relative success of JV. A few JV's I have seen require the buy in partner to have a minimum spend of say 3-5 million on each project over a period of 3 years and for that they get 70% of any successful project. On paper our targets look very good and fairly well proved up, but I expect any JV partner will want to due diligence of all the exploration data for every target.

Either we want too much or our data isn't good enough for them..