Ann: Results from Rosie Prospect , page-22

  1. 40 Posts.
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    If you look at the bottom of the news releases from STB it usually says this :

    About the Joint Venture
    In early 2004, South Boulder entered a farm-out Joint Venture (JV) Agreement with
    Independence, whereby Independence can earn a 70% interest in the nickel rights
    on tenements held by South Boulder in the Duketon Project, by the completion of a
    Bankable Feasibility Study within 5 years. The data, interpretation, cross and long
    section diagrams that form this ASX release have been provided courtesy of
    Independence.

    As it mentions that IGO earn 70% of the nickel rights and omits any mention of the PGE rights my inference is that STB retain 100% of all other minerals (including gold, platinum, copper etc).

 
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