$4.5m for Broken Hill metals future

7 February 2011

The initial public offering of base metal explorer Broken Hill Prospecting (BPL) not to be confused with BHP Billiton, has closed, raising $4.47 million. BPL is listing to raise money to develop its Thackaringa tenements, 25km southwest of Broken Hill. “With this new finding, we will be able to more quickly assess the 13 base metals prospects outlined on our tenements and also complete a pre-feasibility study on our Pyrite Hill and Big Hill cobalt deposits,” BPL director Mr Geoff Hill said yesterday.

http://www.dailytelegraph.com.au/million-for-broken-hills-metal-future/story-fn6b3v4f-1226001042841

The Daily Telegraph