Ann: Civil Engineering Optimisation for Kvanafjeld, page-13

TBZ may very well pursue the path you say but their previous attempt at a ML has already been declined (2 years ago?) because from my understanding the quality of submission presented was of such low quality. I suspect TBZ strategy will be like any holder of a prospectively lucrative property, make it look enticing and sell to the highest bidder without having to fork out too much. It's a bit like property owners getting DA on their land before they sell. If GGG get a ML and a mine running first before TBZ, there's good chance Greg will be snapped up by his neighbour for a good price with very little outlay.