AUK 20.0% 0.6¢ aumake limited.

jvs with private companies

  1. 1,955 Posts.
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    On another note does anyone have an idea on how we know what is happening with JV exploration.
    Think at least one of them (Zodiac??) is a private UK based company and I am keen to see what is happening with Yeoval.
    As they are not listed I assume they are under no obligation to release anything.
    Would AUK have structured the JV to contain a legal requirement to be notified (and allowed to release to market) if they hit something.
    Otherwise isn't there the possibility the JV partener can just sit on any results and hope to pick up the remaining percentage of the JV by pretending there is nothing there?
 
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