Be BHP, you have OD, just taken out OZL (PH/Carra) and now have a district of 3 producing copper mines in SA.
You can either exercise an option on a greenfields project (this one) with little supporting infrastructure or you can develop Oak Dam on the doorstep of Olympic Dam which is a potential monster deposit in its own right.
Also, not sure this is tier 1/world class thus on their shopping list.
If OZL remained independent think this was much more likely to be exercised.
Either way, still think there should be plenty of interest.
Good buying down here and I'll look to pickup. DYOR..
Ann: Havilah-BHP Kalkaroo Alliance To End, page-17
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