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Reed deal elegant for ConsMin: MNn comment
WHILE Reed Resources’ acquisition of an interest in Titan Resources is attributed to the nickel prospectivity of Titan’s Widgiemooltha ground south of Kambalda, any exploration success could also tie in nicely with Consolidated Minerals’ plans to build a concentrator for its own ore plus that produced by third parties.
Should Reed acquire ConsMin's Titan shares, the manganese, chromite and nickel miner will end up holding 32% of the enlarged Reed. ConsMin has publicly stated its desire to build a concentrator for...
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