Antinuclear

Exploration company Thundelarra reduces costs, sell uranium assets

Thundelarra sells non-core Hayes Creek uranium asset November 11, 2013 byProactive Investors   Thundelarra (ASX:THX) will sell its Hayes Creek uranium assets for a total value of $1.5 million, while neatly retaining an exposure to any future exploration success from the Northern Territory project…….The sale is part of a new “look” Thundelarra that has rationalised non core projects, taken costs from the system and is focusing on core copper, base metal and gold exploration..

…the deal removes the rent, rates and exploration commitment overheads that accompany the Hayes Creek interests…..Today’s deal further illustrates the new broom through Thundelarra, disposing of non-core assets, while focusing on core projects.  http://www.proactiveinvestors.com.au/companies/news/50073/thundelarra-sells-non-core-hayes-creek-uranium-asset-50073.html

November 12, 2013 - Posted by Christina Macpherson | business, Northern Territory, uranium