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Cassini confident of West Musgrave stake

JUNIOR Cassini Resources doesn’t think it’s likely to be under any threat of takeover from OZ Minerals following the latter’s decision last week to spend A$19 million over the next 18 months to earn a 51% interest in the West Musgrave project.

Michael Quinn
Cassini confident of West Musgrave stake

That was effectively the response from Cassini managing director Richard Bevan to a shareholder question at the company’s AGM. Prima facie though it’s not immediately obvious why OZ might not be interested....

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