From the RNS FIRE13 Mar 2009 11:27
Dwyka will retain 100% ownership of the Project even though BHP Billiton has
satisfied its earn-in requirements to be entitled to a 10% interest as a result
of having invested in excess of US$7.3m into the Project to date. BHP Billiton
has elected not to continue with the arrangements. As a result, Dwyka will
retain all the benefit of the exploration programme, camp infrastructure,
vehicle fleet and other fixed assets for the Project. It is an excellent outcome
for Dwyka and allows the Company the flexibility to proceed with the Project
exploration programme alone or identify appropriate partners to assist in its
further development.