oz says continuing martabe sale, page-6

from article on Mining News contributed by sally will ... thanx


However, the second major project left with OZ, the Martabe project in Indonesia, is still up for sale.

Michelmore said leaving Martabe up for sale was a “contingency plan” in case something did go wrong with the current Minmetals offer.

“It is an important part of the backup and particularly with the bank finance, the original bridge of $140 million February, Martabe was the original security for that,” he said.


............ so it looks like it has got something to do with banks