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Mismanagement claims cause Aeris and Argonaut spat

LAKE Torrens partners Aeris Resources (70%) and Argonaut Resources (30%) are at odds, with the junior partner accusing the drilling program’s manager of mismanaging operation and blowing the drilling budget.

Haydn Black
Drilling at Lake Torrens is being suspended.

Drilling at Lake Torrens is being suspended.

Argonaut executive director Lindsay Owler was scathing of an "unsatisfactory" drilling program that had gone "poorly", spending roughly 120% of the budget but testing only 20-25% of the initial 8-10 targets...

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