I think the big call will be on which of the assets they farm...

I think the big call will be on which of the assets they farm out, JV or other wise move away from direct control. If Hardy's looks good they may decide that they wish to remain a exploration company for a while longer and sell it on, using the cash to get serious about one of the others. Or if somebody is serious about Macarthur (for example), like a neighbour, they may choose to take a cash deal to fund further development on Mt Hardy, even look to take it all they way.

As with many of my previous posts, I want to hear TRT talking about their strategy a little more. Not looking to second guess, just want to know the plan...