TIR titan resources limited

For those interested, Titan have sold the Radio Hill plant and...

  1. 2,218 Posts.
    For those interested, Titan have sold the Radio Hill plant and Radio Hill / Mt Sholl tennements to Fox Resources. There is cash payment for AUD925,000 for the plant plus 275,000 and 1% royalty if Fox decide to exercise to mine the low-grade nickel / copper when Titan walk off the property in a couple of months. Importantly, Fox will also assume rehabilitation liability. Titan had provisions for this at AUD600,000 in their 2001 report.

    angus

    I hold TIR

 
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