Tucka 50:50
Burnakura Mining JV 50:50
Exploration 70:30 Extracts way.
Happy with Tucka deal - had never factored in much value for it at all. Only really aquired it for the Guilt Edge processing plant. There was no cash outlay - the JV just took over the rehab liabilities of $879,000.
The sale is therefore ALL PROFIT as the new owner takes over all liabilities.
theinsidetrader, page-11
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