nevman - Oaklands is not valued and is not part of the equation. They drilled the resource and stopped the hydrological testing when they discovered how big a miss it would turn out to be if they continued. Hence the reason to switch in focus to projects that will make money. Oaklands is a lemon sitting in a massive saline basin that will require years and years of bore hole testing and aquifer recharges testing to allow mining. That is why Rio isnt putting money there either. All looks good on paper except the nuts and bolts. Oaklands will be spun out or sold keeping some form of interest if someone can ever get it off the ground. Basic drilling principles just do enough to build a story not enough to ruin it!
CWK Price at posting:
97.2¢ Sentiment: Buy Disclosure: Held
