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Company Direction
Kangaroo Metals, in the short to medium term, intends to actively seek joint venture agreements with key stakeholders in the region to increase its exploratory regions and maximise potential returns. In order to maintain an efficient and cost-effective approach, joint venture or A$/tonne arrangements will be established for ore processing at modern mill sites currently underutilised. Kangaroo Metals' longer term strategy will be to actively seek to maintain its project generation strategy through joint venture or acquisition of tenements that show viable and sustainable benefit to the Company. While no current acquisitions, joint ventures or expenditure towards these goals exist at this time, budget allocations toward project generation have been made confirming the Directors' view that this is an essential part of the Company's strategy.