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Why Cauldron Energy Walked Away from Carnarvon and Derby Sand Leases
10:31am on Tuesday 2nd of September, 2025 AEST
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Mining
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Why Cauldron Energy Walked Away from Carnarvon and Derby Sand Leases
10:31am on Tuesday 2nd of September, 2025 AEST
Key Points
Termination of purchase agreement for Carnarvon and Derby sand leases
Retention of Onslow sand tenements with no additional payments
Cancellation of 2 million shares previously issued
Elimination of production payments and royalties on Onslow tenements
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