better news around the corner, page-10

If I had a crystal ball i'd tell you.Within 12mths Newcrest will now exactly what we have at Manus you would think. From memory they have spent more than announced since JV. I think they will have 61% of the project by next year.Had to spend $6m in 5yrs from JV to have 61% of TPJ'S 76% holding. I just checked and Newcrest had already spent $6m as of May 2012. Pacrim has a free carried 10% stake all the way to decision to mining.

The redcliffe project in its own right has what it takes to drive this. Manus is the tonnes of cherries on top from where I'm looking.


DYOR


Scorp