RE:RE:RE:RE:No mention of Processing Purdy's GoldTXRogers wrote: Millsking wrote: TXRogers wrote:
Since NVO is now officially managing the JV, I don't think ARV can unilaterally declare where Purdy's gold will be processed. But the NR remains relevant and consistent with DL's determination to bring RH online independent of NVO. Regardless of the differing opinions on the value of RH and the time it takes to become operational, DL continues to play his cards correctly IMO. The NR message is clear: ARV will not be bound by NVO and will continue to build its own value. Tx
I agree with most that you say but your still confused with the management of the JV. Purdy gold will be processed at RH .
I don't believe I am confused. The JV is now 100% managed by Karratha Gold which is a Novo subsidiary. Whether JV gold ends up being processed at RH or not (or if ARV is even around at that point), it should be NVO that should declare it. Or in the very least an ARV/NVO joint announcement at the same time. It was simply my response to Wadehammer on why ARVs NR made no mention of Purdy's. It would have been a breach of protocol and I don't think DL is that sloppy. He may be many things, but reckless is not one of them. The ARV NR deliberately avoided this mention of Purdy's because of this reason, but ARV wanted to reinforce that it was moving ahead on RH nevertheless. Tx
Correct the JV is 100% managed by Karratha gold a novo subsidiary.....they manage each step of the project that the JV committee agree upon , the JV committee being Artemis and novo. Yes I agree there will be a joint Ann on anything to do with the JV including processing and JV gold.