SFR guys, what are your views of the GTE Yerrida JV? I'm not sure what the status is, was announced 12/4 with 30 days due diligence. I haven't seen a 3B, so nothing to suggest SFR have issued GTE with the $500k of shares that were part of the deal. Any idea?
Considering tuber you say SFR have spent $20m a year on exploration, the $1.7m over 3 years they are committing to spend on the GTE JV doesn't seem much, what do you think they can do in the remainder of this year to kick it off, assuming the deal proceeds?
Thanks.
(Obviously, GTE holder)
Ann: Sandfire Announce Positive Monty Feasibility Study, page-19
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