RNI/AUR have been trying at Doolgunna for some time with no success.
The same happened with Talisman. SFR came along and found them a resource which they couldn't.
At least now they have some funds to explore Wodger etc.
The upside is, if they don't find anything we haven't spent a penny on the ground. Also if there is something there, SFR will throw everything at it to find it. RNI can't do that.
Sure the price is a bit low but you can't have it all.
Maybe there was some behind the scenes action going on.
Ann: Sandfire Farm-In to Morck's Well East and Doolgunna Projects, page-8
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