about the spin off l would say more than a rumour
Quote from article.
There has been some talk that cse needs to spin off some base metal and uranium exploration assets in its portfolio. its assumed that there will be some sort of entitlement to shares in new float to copper strike shareholders A nice and tight raising of about 4.5 mil would find plenty of support, particularly if it comes with uraniaum leg.
Also talks about zinifex jv a 70 30 with zinifex to spend 10 mil on exploration development commitment to walford creek as it will extend 4 years to century zinc operation a very nice earner for CSE
l would say management are sounding out to see what sort of market reaction there is to spin off.
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