TOE have some very nice ground in Australia and and in Namibia. The Namibian story is a good one as they are in partnership via their subsidary Nova Energy with DYL via Reptile resources.
Reptile are going to spend $3.5m on exploration over the next couple of years.
They in conjunction with BMN will almost completely hem in PDN’s Langer Heinrick mine… consequently there could be some corporate activity on the radar as well.
Rio also must be considered and the Russian and Chinese are also showing interest in Nambibia as Namibia will be producing around 20% of the world’s supply within 5 years or so.