Incoming JV partner for Commonwealth would not surprise me.
Lots of attention on the REE - KCC JV (35% - 65% and 10% equity of KCC for REE). I'd be pleased with such an arrangement with a major.
Simply too expensive for IPT to drill the amount of holes and depth required to make a significant porphyry discovery. Mike admits this in the podcast although hes committed to drilling at Commonwealth by the end of the year.
Here is a good video from John Holliday (made the Cadia discovery) who is currently managing the Trundle Project with KCC on the same belt.
You need drill holes and lots of drill holes.
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