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osr.i think you are slightly mistaken. There is an option to buy...

  1. nicto
    1,214 Posts.
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    09/07/12
    11:44
    Post #: 10410291
    osr.
    i think you are slightly mistaken.

    There is an option to buy back 65% of the Copper only. and then there is a proviso which makes the buy back very unlikely.. "IF a discovery of +100mt Cu with .5% cut off is made by 2015".
    Right now i'm hoping 50Mt around 1gt Au and .2% cu which will put it ahead of many of its peers in Indonesia.

    The Jorc is overdue. (was end of June)

    Nicto
    AUK Price at posting: 5.1¢ Sentiment: Buy Disclosure: Held
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