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
- Forums
- ASX - By Stock
- Titan / Fox - sale of Radio Hill
TIR
titan resources limited
For those interested, Titan have sold the Radio Hill plant and...
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TIR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CC9
CHARIOT CORPORATION LTD
MD - Shanthar Pathmanathan, Geologist - David Trabert
MD - Shanthar Pathmanathan
Geologist - David Trabert
SPONSORED BY The Market Online