CAPITAL MARKETS

Good start to ASX life for Western Desert

WESTERN Desert Resources is planning to spend $4.7 million on exploration at its uranium and base metal assets in the Northern Territory over the next two years after debuting on the Australian Securities Exchange at a 40% premium to its 20c issue price this morning.

MiningNews.Net
Good start to ASX life for Western Desert

The stock opened at 28c after a successful initial public offering which saw applications exceed the $7.5 million offer target by more than 50%. Western Desert has nine main projects covering 5000 square...

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