Tinkler teams up with Sage

FORMER billionaire Nathan Tinkler is back in the exploration business in Western Australia, doing a deal this morning with Tony Sage’s Cauldron Energy to fund A$2 million over three years via his private explorer Oceltip Metals over the Yanrey North leases near Onslow.

Tinkler teams up with Sage Tinkler teams up with Sage Tinkler teams up with Sage Tinkler teams up with Sage Tinkler teams up with Sage

Nathan Tinkler and horse.

Oceltip will earn 60% by spending "significantly more than the statutory exploration commitment" the Cauldron said this morning, while its shares danced 25% up the ASX to hit 3.9c, up from 2.