THIS IS MINOTAURS PART MEDIA RELEASE "Minotaur Exploration Limited (ASX: MEP, Minotaur) has backed up its proposed takeover of Breakaway Resources Limited (ASX: BRW, Breakaway), announced today, with a separate round of deals likely to see $9 million injected into immediate copper and gold exploration work on Breakaway-owned assets in both Western Australia and Queensland. The two proposals –Minotaur led joint ventures under the Company’s recently announced alliance with a new private equity cornerstone investor – could see major work commence on the ground at Leinster in WA and Eloise in Queensland, as early as October" IF THIS ALLIANCE INVESTOR IS PREPARED TO INVEST 9 MILLION IN DRILLING FOR A 50% RETURN THEN SURELY BRW IS WORTH AT LEAST 10 MILLION? OR AM I READING IT WRONG CAN ANYONE EXPLAIN TO ME AS I AM DUMBFOUNDED 1 FOR 5 IS MORE REASONABLE SCRIPT OFFER IMO WHAT IS GOING ON
BRW Price at posting:
1.2¢ Sentiment: Hold Disclosure: Held
