RIE 0.00% 0.2¢ riedel resources limited

Ann: Option and Sale Agreement - Millrose Project, page-6

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  1. 10,010 Posts.
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    Nice.

    When I rang the office the other day to enquire about the announcement Jeff was overseas and returning this week.

    Not sure what it was for, could be completely unrelated. But I just wonder what they are going to do? They have JV's over 3 of their leases and royalties from another that isn't currently being mined but was. They have all this cash that won't be needed in any of the JV's until they reach a certain stage.

    I know FMGR were planning to do some work possibly drilling at the Charteris Creek prospect soon but you don't hear much from them unless they find something really significant unfortunately for RIE. Obviously the Marymia JV with AUZ is heating up but I just wonder whether they have something else up there sleeves??
 
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