BRW 0.00% 1.2¢ breakaway resources limited

Ann: Significant assays results from first hole a, page-6

  1. 6,757 Posts.
    re: Ann: Significant assays results from firs... Has anyone checked with management what this clause in the Eloise sale might imply? Barminco is itself up for sale atm, and a change of control is a real possibility.

    http://www.breakawayresources.com.au/images/270104_Sale_of_Eloise_Copper_Mine.pdf

    The Company will also retain 100% ownership of approximately 245 square
    kilometres of exploration tenements surrounding the Eloise Copper Mine
    subject to an Option to Purchase held by Barminco. The Option can be
    exercised for a price based on an independent valuation in the event the
    Eloise Copper Mine is sold to a third party.
 
watchlist Created with Sketch. Add BRW (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.