OKR has acquired the 51% rights to the Hansen Deposit from STB Minerals LLC
( WUC/BLR had the original rights which expired in 2017).
WUC own the remaining 49% ( 24.5% economic/24.5% rights to acquire from NZ minerals)
This acquisition provides some scale for OKR & would think on face value be positive for WUC (new partner to take project forward)
ASX Announcement.
https://www.asx.com.au/asxpdf/20220407/pdf/457sr2ftvvw723.pdf
More detail on the project & ownership see p26 of the BLR scheme booklet ( link below)
https://www.asx.com.au/asxpdf/20150723/pdf/42zzsnyqr1gwy2.pdf
- Forums
- ASX - By Stock
- BLR
- On The Rise
On The Rise, page-52
-
- There are more pages in this discussion • 8 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 BLR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online