Kumova in new silica sands play

THE ubiquitous Tolga Kumova has added silica sands to his bulging resource sector portfolio with the Victorian promoter joining with Peter Gianni and Robert Jewson to vend ground north of Perth into Perpetual Resources.

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Silica sand country

It's understood the three vendors will end up with about 40% of Perpetual assuming all goes to plan over the next year or so, with shares vending to the trio as various performance milestones are met.

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