Ann: OZ Minerals disposes of stake in Sandfire, page-27

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  1. 11,557 Posts.
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    Thanks dewe. I respond.

    1. Imo, SFR may not hold the most prospective tenements in the area if we limit it to the Bryah Basin where DeGrussa and the nearby conductors were discovered. RNI is a contender too. It holds the largest section of the VMS-prospective Narracoota Formation.
    2. However, if you push eastwards into the Yerrida basin area and add it too, then maybe SFR has an advantage, but it's copper from a different geo event and not easy to find in minable quantities. I wish SFR luck with Thaduna. As for the Ventnor land, then that may be a different story. Deep source or origin of Degrussa?
    3. We'll have to wait and see what OZL does with its money, but judging by the above Commbank news, it may have been already committed to internal things - or much of it anyway.
 
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