Business Services Industry
Segue woos midnight pegger.
Australasian Business Intelligence, February, 2007
Byline: Robin Bromby
Feb 06, 2007 (The Australian - ABIX via COMTEX) -- Australian mining group Segue Resources is supporting Norm McCleary, a prospector involved in a legal dispute. He had pegged promising uranium tenements in the Northern Territory, but is facing action in the Northern Territory Supreme Court that would void his claim in favour of major resources groups who filled in the required paperwork instead. The tenements had become available when the company holding them collapsed. Segue executive director John Arbuckle says if McCleary is successful in court after being part-funded by the company, it will receive a stake of 50 in the deposits. However, the chances of the judgment going the prospector's way have been judged to be slim by another miner...
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