E 52/2438 - AUR's Doolgunna tenement, page-42

Miles, David and Karl were on the Board of Blina Diamonds some years back. Here, read this 2004 SMH article:

http://www.smh.com.au/articles/2004/08/06/1091732085635.html

Sandfire used to hold a fair part of this Dool tenement but dropped it in 2008, less than a year before it hit big copper nearby at DeGrussa. Miles and Karl were on the SFR Board at the time of both events.

David Jones, via his company Ascidian Prospecting p/l, acquired E 52/2438 in July 2009 and, so it seems, then did a deal with his old mate Miles to let RNI work the site under an 'option to buy' agreement. It seems though that before then, Miles and Karl had already fallen-out as co-horts with Miles leaving SFR in Dec 2009. Miles jumped the fence!

So, this put Miles and David together again, with Karl in control of SFR just over the fence. Bad blood? Maybe!

As regards money spent on exploration on the Doolgunna tenement, read this. It's from my lead post on this thread:

http://tenementcache.landtrack.com.au/Index.aspx?tenid=E 52/2438&text=&cmd=search

As can be seen, much money has been spent by RNI/AUR on this tenement, but no cigar yet. Will Karl find and light the cigar one day? If I were a bookie, I'd have that prospect odds-on.