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Merger plans now unveiled

机译:合并计划现已公布

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It would make sense if you have two companies with the same directors on both boards to merge the two and this is just what Metals Exploration Ltd and Bluestone Tin Ltd have proposed to shareholders. Speaking to delegates at the Sydney Resources Round-Up, Bluestone director Mark Okeby said the companies also had a number of common shareholders and shared the same offices and technical staff, not to mention directors in the form of Peter Newton, Peter Cook and Warren Hellam. The major asset of the merged group would be the Collingwood tin project that started production in February in Queensland, the Renison tin and Mt Bischoff tin projects in Tasmania where the group is looking to resume production later this year, the Rentails project (a large, low cost project looking at the retreatment of tails from Renison which is in the pre feasibility study stage), and exploration plays at the Gillian prospect in north Queensland and the Wingellina nickel project in Western Australia and Claude Hills. "We have a pipeline of internal growth projects, revenue from Collingwood, nickel royalties, we are at an advanced development stage at Renison, and heading into feasibility studies at Wingellina and Rentails," Okeby said.
机译:如果两家公司的董事会都由同一位董事合并,这是很有意义的,而这正是Metals Exploration Ltd和Bluestone Tin Ltd向股东提出的建议。蓝石董事马克·奥克比(Mark Okeby)在悉尼资源综述会议上向代表说,两家公司还拥有许多共同股东,并拥有相同的办公室和技术人员,更不用说以彼得·牛顿,彼得·库克和沃伦·赫拉姆的董事身份了。 。合并后的集团的主要资产将是昆士兰州于2月开始生产的Collingwood锡项目,塔斯马尼亚州的Renison锡和Mt Bischoff锡项目,该集团希望在今年晚些时候恢复生产,Rentails项目(大型,低成本项目,研究雷尼森尾矿的再处理,该阶段处于可行性研究的初步阶段),勘探工作在昆士兰州北部的阿娇矿床以及西澳大利亚州和克劳德山的Wingellina镍矿项目中。奥克比说:“我们有一系列内部增长项目,科林伍德公司的收入,镍矿特许权使用费,我们在雷尼森正处于发展的高级阶段,并正在温格利纳和雷纳泰斯进行可行性研究。”

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