RE: But what does it imply?18 Mar 2019 11:42
The Gentor deal is complicated, don't forget we can write off all of our exploration costs against the balance we owe / owed them. I've studied the contract, it's all in there and DA confirmed this at one of the investor evenings. Don't ask me how the numbers stack up overall in Oman i've lost track, disinterested until we get some news but I think it's around 90% certain we are doing a deal of some kind with Alara. If we aren't then god knows what's going on, the Omani's are an absolute joke of a regime. The rest of the world is changing, they know oil is not the future, copper will be increasingly important due to the EV revolution not to mention the current requirements for buildings, electronics etc.