Ahh bikenut - they didn't 'buy' Mt Oscar. It is part of the deal with De Boers that they can explore for all minerals other than diamonds, and I think they merely pay a royalty on production.
Money probably spent paying for the drilling results from De Boers at commercial rates for all their Aussie tenemants, as well as digging down to reach the high content minerals at their Sholl mines etc.
March Quarterly report will be interesting!!! Just hoping there will be no more share dillution!
Last news was pretty good though about the additional income stream from the crushed rock. Extra income is always good where there isn't much in the first place!
FXR Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
