The JV agreement between BHP and AIM on Mumbwa (3 May 2006 - Drilling Program to start on Mumbwa):
AIM Resources has entered into a JV with BHP to earn up to a 70% interest in Mumbwa.
However, after 3 stages of exploration and drilling funded by AIM, BHP can "... elect to claw back up to 80% of the equity in the project by delivering a Pre-Feasibility and a Mining Feasibility Study on a specific deposit in the Joint Venture Area ..."
The JV agreement between BHP and AIM on Mumbwa (3 May 2006 -...
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Mkt cap ! $141.9M | |||
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