RE: JV relationships18 Feb 2022 12:43
I totally agree Smokey! Unfortunately, the last 24 hours, including the Proactive webcast, has left a lot of us with, as I said last night, probably more questions than answers. I believe that most of us would probably accept that Shaun Day was surprised, and, also embarrassed, to a degree, over what's happened.
That all said, essentially, nothing has changed. As a good CEO, as Shaun Day certainly is, IMHO, you move on, and adjust your strategy accordingly.
As I've said numerous times, the gold & copper are still there! Every drill hole is finding more valuable mineralisation! Havieron is still open in all directions, and at depth, and likely to be at least a once in a generation find(s), maybe more.
As someone that has negotiated commercial deals for decades, I just see this, IMHO, as a blip, nothing more, which will maybe just require a slight adjustment to how things are handled between two parties in the same J/V.