ATN ashburton minerals limited

disappointing but not disastrous, page-4

  1. 3,197 Posts.
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    Ashburton are entitled to 51% equity interest if they expend $1m by Dec 2011 and pay a further $2m and issue 30m shares.

    Even if they have discounted the finding of a large deposit there is still substantial cashflow from their share of the mining operation.
 
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Currently unlisted public company.

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