IND 0.00% 17.5¢ industrial minerals ltd

Ann: Indus to proceed with New Era transaction, page-4

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  1. 6,805 Posts.
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    So I was right to trust the feeling in my bones and it wasn't arthritis after all.
    Yes and as I suspected the link up with New Era takes Indus into the Cooper Basin where New Era has a number of farm-in rights over and above the two that were originally being touted as the bargaining chip for satisfying the ASX about the arrangement for the reverse take over.

    Well we know that Gordon Moseby is the Managing Director at New Era and has been for a year. We also know that he was involved with Beach Energy in several managerial capacities from 2002 through to November 2015. So he has a good knowledge of Beach Energy and their involvement in the Cooper basin. So that is very positive. It will be interesting to find out who else is in the New Era team.

    Hope they hurry and get all the signing and authorizing done so we can have a look at what we are really involved in.
 
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