RE: Juri JV seems worse than Havieron JV7 Aug 2022 14:09
When it comes to mining majors & explorers in the mining industry, it's largely, IMHO, a roll of the dice, for both parties. Joint venture agreements are, naturally, based on one point in time, generally early on, and much can change, of course, both positive, or negative, for each party in the agreement.
If you hit a Havieron, or anything even close, you maybe, 'kick yourself', for what was agreed before, and, as a perfect example, as we all know, Shaun Day, as well as the GGP shareholders, are largely frustrated, by the 5% legacy issue. But, it was, and is, a done deal, so nothing more to do...we move on...!
If you hit dust, then the shareholders will be pleased that the BOD did what they did.
It is, IMHO, a bit of a casino, roll the dice, or spin the wheel.
What is vitally important though, IMHO, is having an excellent MD at the helm, together with a very experienced team, and that is crucial as we grow as a company, from not just an explorer, to a miner!