HLX exited 30% JV re Yalleen and settled for a Royalty.
HLX owns the Yalleen tenement 100% and owns all minerals save the IO.
From what I see Aquila sold their holdings after Bao steel moved in, but they probably did not
and moved their holdings to nominees.
Notice Aeris has Glencore ( HLX connection ) , HSBC also.
Aeris and HLX have co operated for years ( including Chile ) .
Aeris could take more ore and is potentially close enough to Collerina.
Dots lining up?
Think a regional play is on the cards here as the Cobar gold mine is up for sale as well.
http://www.aerisresources.com.au/images/files/annual-reports/Annual_Report_2016.pdf
JMO
Cheers
Much better week, page-15
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