Boomety Boom!
We will have to wait 3 months while the co recomplies with ASX rules, but a change to resources is a good move given current resource boom (and copper particularly looking the goods!).
Gold and Copper JV with TSX listed Eloro Resources.
I wonder if O'keefe or King were behind the deal.
Either way, having O'Keefe at the helm is a boon given his pedigree with CIA ; overseeing a buyout of Riversdale by Rio Tinto while chairman; and of course MD of Glencore Aus for 9 years.
Couldn't ask for better management really could we.
BDM Price at posting:
7.0¢ Sentiment: Buy Disclosure: Held