I'm not sold...although I haven't spent enough time looking at the detail.
80% of the operation for spending money on drilling that would have occurred anyway? Now we are paying a premium for the last 20%? I'm gathering this deposit could be a lot bigger than what was previously anticipated? Hopefully in the scheme of things this will end up being a rounding error once the true scale of Woodlark is realised.
Does KGD have any other assets?
Wish I could get my hands on the models for both companies. Maybe that's a job for the weekend ...
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