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New plan for Virgo

WHILE last year's plan to float Virgo Resources looked like a fairly sure thing based its proven management team, a modest A$4.5-5.5 million target and the $137 million MOD Resources takeover by Sandfire Resources helping put Botswana and Namibia on the radar, it was not to be.

Haydn Black
Virgo could be snapped up.

Virgo could be snapped up.

Virgo pulled its offer early and returned the money to shareholders - but that is unlikely to be the end of the story.   Managing director Dr Quinton Hills, who was credited with the discovery of around...

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