"The smart thing would be for OBL and BOPL to come to terms.
If BOPL does not want to participate OBL may have a reason to advise the DMP to forfeit their holding."
I certainly will prefer the latter to the former newregime.
Its quite on the cards.
Its not out of the realms of possibility,just as alcoa coughed up $40 million to bru,just as gina threw some tin money at sur, that given Roy Hill will make gina the worlds fifth biggest Iron Ore producer in her own right,gina may want to look at her energy cost mitigation strategy and throw some money OBL's way,maybe even Twiggy will revisit his initial foray into OBL.
In any event I firmly believe OBL is on the cusp of a SP re-rate.
I commend all to do their own research.
OBL selling some of it Gippsland assets.
OBL selling 30 percent of backreef.
OBL initiated funding deal,to insure near term exploration work.
OBL Potential realignment of actual permit holding in EP/487.
Raider
OBL Price at posting:
1.2¢ Sentiment: None Disclosure: Held
