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12/10/12
16:38
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And what an announcement it was !!!
Horseshoe doesn't rate a mention in the Isa conference presentation or in their Feb presentation or in the July quarterly report.
QMN can buy a 75% interest which barely rates a mention in today's maiden jorc announcement. Telling/reminding us what the terms are would be helpful.
I agree this will take a backseat to Greenmount/White Range but it's a nice little sideline and could provide some cash flow apparently.
I reckon the shares fell because people were confused (any wonder) and may have thought "is that all they've got after finding 72m at 3.8% copper"
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