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Investors fired by Auris-Sandfire deal

MARKET interest in Auris Minerals has been fired after the company farmed out ground near the high grade DeGrussa copper operation to owner Sandfire Resources and said its cash holdings would enable it to consider “other opportunities”.

Michael Quinn
Investors fired by Auris-Sandfire deal

The farm out to Sandfire included a payment of A$1.2 million to Auris, with the ASX junior starting the year with $4.5 million cash. Sandfire can earn a 70% stake in any discovery made on the Auris ground...

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