Oakdale impairs flagship

GRAPHITE minnow Oakdale Resources has taken the red pen to its books, impairing the value of its assets on South Australia’s Eyre Peninsula by a further A$2.8 million.

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Oakdale has dropped around half of its areas.

The move comes after it dropped 49% of its tenements after completing a detailed review of its areas, which had covered around 2800sq.km at its peak, and was last recorded at around 1800sq.km.

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