Not terribly new but noted in todays West. (I hold)
West Australian 5/8/06
Rumour of the Day
Australasian Resources, formerly Sherlock Bay Nickel, has spent most of the year trying to cement a deal with Clive Palmers Mineralogy group for the right to mine one billion tonnes of iron ore at South Balmoral in the Pilbara. Market watchers reckon a deal has finally been struck and expect and announcement at Diggers and Dealers next week. Australasian rose 1c to 21.5c.
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