Nice announcement,CXO is the last junior with ground in this highly desirable location.All the others (MEP,TAS,AXE) sold their ground to either BHP or RIO and Antofagasta have tied up a number of blocks in the area as well. I particularly liked this bit from today's announcement -" Core is also in discussions with a number of Australian and International parties who have expressed interest in this highly prospective and sought after Tier 1 IOCG terrain"
The map below from page 5 of the announcement clearly shows five targets of interest. It is not inconceivable that this ground could attract a cash offer greater than CXO's current MC . The second map show the various companies tenement postions
Nice announcement,CXO is the last junior with ground in this...
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| Open | High | Low | Value | Volume |
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