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Cashed up junior continues quest

机译:兑现初中继续追求

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While it maybe true that Oxiana Ltd walked away with a good deal after buying the remaining 35 perent of the Prominent Hill project in South Australia, the company responsible for finding the deposit -- Minotaur Exploration Ltd -- also did pretty well from the transaction. Aside from putting 11.2 million dollars in Minotaur's coffers to pump into further field activities, it also gave the junior a doser-than-usual insight into what it was like to seal a 100 million dollars-plus deal. And why is that significant? Because Minotaur, which has perhaps been SA's most active explorer in the past five years, is planning to find another Prominent Hill -- that or another Broken Hill. Since relinquishing its share in the December 2001 discovery, the junior has wasted no time in setting up a number of exploration joint ventures across its home state of SA, New South Wales and Queensland.
机译:虽然可能是Oxiana Ltd在购买了南澳大利亚州Prominent Hill项目剩余的35%的价格后达成了一笔大交易,但负责寻找该矿床的公司Minotaur Exploration Ltd在交易中也做得不错。除了在Minotaur的金库中投入1,120万美元用于进一步的野外活动外,它还使初中生比平时更了解如何达成1亿美元以上的交易。为什么如此重要?因为Minotaur(过去五年来可能是SA最为活跃的探险家)正计划寻找另一个Prominent Hill(那个著名的山)或另一个Broken Hill。自从放弃其在2001年12月的发现中的份额以来,这家初级公司就不花时间在其本州SA,新南威尔士州和昆士兰州成立了多家勘探合资企业。

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