From IZM ann last week:
The Company's farm-in agreement with Rio Tinto Exploration covering the Tiwi Islands bauxite project remains in progress. The agreement provides that RTX is to spend $5M over 4 years to earn a 75% interest and to manage the project.
The Company continues to investigate new acquisitions and/or investments in a range of sectors including medical technology and information technology.
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Daytrading July 2 afternoon, page-31
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