BRW breakaway resources limited

looking strong, page-8

  1. 6,757 Posts.
    One other thing to be aware of is the following clause in the Eloise sale agreement:

    "BRW will retain 100% ownership of approximately 245 square kilometres of exploration tenements surrounding Eloise, 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 that Barminco subsequently sells Eloise to a third party."

    My reading is that the Altia project is covered by this, but of course you should confirm with management.

 
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