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Why Strategic Energy Resources Sold South Cobar for $400K Plus Royalties
9:16am on Tuesday 10th of June, 2025 AEST
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Mining
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Why Strategic Energy Resources Sold South Cobar for $400K Plus Royalties
9:16am on Tuesday 10th of June, 2025 AEST
Key Points
Sale of South Cobar Project to Australian Gold & Copper Limited
Immediate cash payment of $400,000 in two tranches
Production payment of $100 per gold equivalent ounce capped at $1 million
Strategic Energy Resources retains exposure through royalty arrangement
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