The start date for Mineral Sands keeps slipping back mid 06 now early 07. They have around $10m to come in on the options by 30 June 2006 if they can hold price. Bet my lefty that they do a deal with BMX for toll treating as BMX's nearby Cable plant has plenty of capacity.That way they only need a wet plant which will be low cost. Maybe at the current valuation of OLY and with BMX's firming there might be more than toll treatment in the pipeline.
Interesting gold find in NT has been drilled recently and the results will be out soon so may add a bit of drive to the SP
OLY Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
