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.
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.
BRW Price at posting:
8.2¢ Sentiment: None Disclosure: Not Held