middle.news
Reach Resources Secures Fully Funded Mining Deal for Murchison South Gold Project
10:00am on Thursday 1st of January, 1970 AEST
•
Mining
Read Story
Reach Resources Secures Fully Funded Mining Deal for Murchison South Gold Project
10:00am on Thursday 1st of January, 1970 AEST
Key Points
Binding option agreement grants Andel exclusivity to negotiate mining and milling
Andel to fully fund mining and processing costs upfront
50/50 net profit share on an open-book basis
Andel to acquire 9.4% of Reach via $900,000 share placement
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Reach Resources (ASX:RR1)
OPEN ARTICLE