The way I foresee any ‘TOo’ from any of our much lauded 3rd parties, should only be to buy the tenements of Luni & P2, not WA1 Limited.
Why on earth would Management sell ALL of our other WA1 Limited tenements in any TOo, without having any idea of what is held in the extended tenements applied for in the West Arunta or already held in the Hidden Valley or Madura.
Any buyout of our little Explorer’s initial discovery can, and should be, stand alone. Post any sale of Luni/P2, a share buyback or special dividend could be made to all pumped up SH (me included) of its value, with still the future uplift of other tenements to look forward to.
There is so much value left in our Explorer in excess of Luni !
Post any part sale, imagine the level of funding held by the Company to drill the daylights out of our other tenements …
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