BUX 11.5% 11.5¢ buxton resources limited

believe copper wolf is currently 100% BUX with 70% IGO earn in....

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    believe copper wolf is currently 100% BUX with 70% IGO earn in. Can go to 51/49% by completing stage 1 funding and then electing to strike the option forming a JV with Buxton. IGO able to earn in a further 19% (stage 2) by sole funding 5M in exploration expenditure on copper wolf. in that case bux ownership will be 30%.

    So essentially it's 50/50 until IGO elect to pull trigger on the JV option with bux. if they want 70% of the asset, need to fund 5M spend. in which case they'll essentially be spending that on drilling and bux is then 30% owner in the project.
 
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Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
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