"Does Anglo still retain 70% of the rights to Antena/Xupe or not?"
No, IMO, they dont as the proposed MOU JV has not been executed. From what I can make out the Antena/Xupe is 100% owned by OGX.
Its seems Anglo have paid the $3m without executing the MOU JV.
You bring up good points and I enjoy your posts but you are just presuming that there is a binding agreement because Anglo paid a $3m pre-payment.
At the end of the day the proposed MOU JV has not been executed and is currently under discussion.
- Forums
- ASX - By Stock
- OGX
- Ann: DRILLING COMMENCES AT ANTENA - XUPE DEPOSITS
Ann: DRILLING COMMENCES AT ANTENA - XUPE DEPOSITS, page-131
-
-
- There are more pages in this discussion • 55 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OGX (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online