Dear All
Please find attached our latest announcement on the sale of our southern stockpiles to Norton.
The deal has Norton hauling the stockpiles, weighing at the Paddington mill and paying on a $/t basis and is in addition to the deal we completed late last year.
Haul roads are being approved by Shire for the north and re graded and widened on the south link road.
These deals alone satisfy our target of delivering $1-2m cash per annum from the stockpiles with other stockpiles currently under discussion with third parties.
The 2 small mines (Blue Funnel and Catherwood) are also being discussed with third parties as a right to mine sale and could deliver significant cash for our Company.
Kind Regards,
Jon Price
Dear AllPlease find attached our latest announcement on the sale...
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