FEX 3.70% 26.0¢ fenix resources ltd

purchase of de greys 20% share of beyondie.

  1. 45 Posts.
    There is a new EMG announcement out @ 8.26 p.m. regarding DEG selling its 20% share of the Beyondie project to EMG.

    Its on the ASX website

    www.asx.com.au/asxpdf/20091005/pdf/31l4xbrlzxll17.pdf

    In a nutshell EMG proposes to pay DEG $4.5M cash & $2.5M deferred for its 20% share.

    Interesting month ahead.

    Cheers

    The Rocket
 
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