I am a bit confused by your direction Hok, am I missing something here ?
I would have thought that Pulchera was just going to sit idle and of zero value if it was left to MRG to pursue exploration activities and development of the tenament so as far as I am concerned this is a positive move by the BODs the give us another element to our company. Surely it's better that we focus on our big target as alluded to in the Chairmans quote below.
“Whilst we would have preferred to explore Pulchera on our own, the leverage of Apollo’s access to funding under the leadership of Ken, made the Farm-In arrangement too compelling for us to not proceed. It also reflects our recent focus on our own, more developed exploration activities, while keeping an eye to further JV opportunities as they arise.”
MRQ Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held