Carriere will be a part of the PE for 13359, which is 100% owned by Dathcom, which is currently 75% owned by AVZI, which is 100% owned by AVZ. The other 25% is currently Cominiere, who must hand 10% to DRC on issue of ML, and AVZ has FROR on the remaining 15%, yet to be completed.
All the rest of the pegamites not yet explored will also have the same ownership structure, but will be a PR tenement for a period of 5 years, carved out from the original 13359
AVZ Price at posting:
78.0¢ Sentiment: Buy Disclosure: Held