MEP minotaur exploration ltd

OZL's foot leaves large imprint in another JV

  1. 326 Posts.
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    For those who haven't monitored Oz and especially its JV with Cassini, have a look at CZI today. Cassini is up 28% atm with Oz buying out one of its JVs - i.e. a demerger that will fund more Cassini ventures. And free up OZ to do what it likes with its old buy-in. This happens between the PFS and DFS stage. I believe it's setting a precedent for what may happen in Queensland. I'm thinking this demerger was earlier than I expected so I'm glad I got in early with both CZI and MEP,
 
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