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Middlemas' Odyssey gives up on 'black gold' in favour of gold

IAN Middlemas has given up on the oil and gas space so far as Odyssey Energy is concerned, turning instead to the gold space with the acquisition of historically mined ground in the Meekatharra-Cue region of Western Australia.

Michael Quinn
The Kohinoor pit, WA

The Kohinoor pit, WA

The Middlemas-chaired Odyssey will hand over to vendor Diversified Asset Holdings A$250,000 cash and 75 million shares - as well as options and convertible performance shares - for an 80% stake in the...

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