tony sage to the rescue

We would be interested in purchases that are in Australia and already producing," Sage said.

That puts the Golden Grove polymetallic mine in WA and the Rosebery polymetallic mine in Tasmania in the picture. A recent Credit Suisse report valued Golden Grove at $73 million and Rosebery at $153 million.

As a result of its financial woes, OZ Minerals has deferred a $125 million renewal of the facility at Rosebery. Development of the open pit copper prospect at Golden Grove has also been put on hold, saving OZ Minerals about $20 million.

http://business.theage.com.au/business/sage-approach-to-circling-sharks-20081215-6z15.html?page=1