Looks like it is a related party deal with its largest...

Looks like it is a related party deal with its largest shareholder.

Not sure where they get the 25c equivalent price for Zeta Resources given that it is unlisted?

Very difficult to get a handle on it - however looks like the KMR assets are going to be tipped in with the Zeta assets. No indication if Zeta is going to IPO itself.

Bit weird as KMR has not had much of a chance to explore the Aussie assets - early drill results were pretty good I thought.

Oh well, take it off the watch-list.