Many Thanks @DDBB You've been on fire lately with some great posts.
I just went and had a look at the OZL / HAV deal.
May 17 (Reuters) - Havilah Resources Ltd (HAV) :
Grade @ .48% , Open Pit , 245 Mt
- OZ MINERALS LTD - ANNOUNCES OPTION TO ACQUIRE KALKAROO COPPER PROJECT IN SOUTH AUSTRALIA
- OZ MINERALS - TERMS SHEET PROVIDES CO OPTION TO ACQUIRE 100 PER CENT OF THE KALKAROO PROJECT FOR A$205 MILLION.
- OZ MINERALS - HAVILAH BOARD UNANIMOUSLY RECOMMENDED HAVILAH SHAREHOLDERS VOTE IN FAVOUR OF KALKAROO TRANSACTION
- Subject to exercise of the option, and achievement of certain milestones, additional contingency payments
potentially amounting to $200 million may be payable to Havilah, meaning that up to $405 million could be realised for the Kalkaroo project over time.
75km's from Broken Hill
This certainly puts us at $1 / share for Nifty alone, and we are a near term producer (with very near term finance)
Small cap copper sector action, page-2
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