Hi Huon Yes pretty much as I expect it could play out. I guess...

Hi Huon Yes pretty much as I expect it could play out. I guess to some degree it will revolve around how much ore PAR can access quickly for the 800,000 tpa CIL plant - very difficult to get hold of info on the plant ex Great Australian at Cloncurry. (When I looked at the Nobles Nob tailings was low grade and couldn't get a color in the dish). I am surprised how they have found so much ore at the Nob all of a sudden -
If Perseverance comes up trumps for gold and high grade I reckon they would be one of the first cabs off the rank for a toll milling deal. Setting up a big new mill at Tennants Creek to recover both copper and gold a fair ask but maybe one around somewhere and then all the argy bargy of a consortium - I would be looking for PAR or another heavy hitter take the lot out. And as you say TMS new ore systems front of the pack -

I have a lot of research to do yet - so many mines and so many ways it could all play out but if I was a suitor I would be getting on the register at such bargain market caps.