OAU 6.25% 0.9¢ ora gold limited

Ann: Red Bore Video Update, page-6

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  1. 13,900 Posts.
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    I watched and listened. It's the same as this isn't it? from the 19/6 ann

    Thundelarra has reached agreement with Sandfire Resources NL (SFR) to accelerate exploration at Red Bore and take it to the next level.
     $1,500,000 in Sandfire shares to Thundelarra at commencement
     Sandfire to spend at least $1,500,000 on exploration over 18 months
     Sandfire can earn 75% interest by defining a JORC 2012 Resource of at least 30,000t of contained copper / copper equivalent
     Thundelarra to be completely free-carried to mining
     Sandfire will collate all existing Thundelarra exploration data and incorporate it into its own data to define targets for testing
     Subject to JV partner not exercising his pre-emptive right
 
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