5 June 2003 Part 1/1 -------- CLUFF RESOURCES PACIFIC NL --------------------------
HOMEX - Sydney ------------------------- Negotiations with Consolidated Press Holdings Ltd Continuing
The Company reported on the 23rd of May that it was in the advanced stages of negotiations with Consolidated Press Holdings Limited for an agreement on the Gloucester Ruby Project.
The timetable has extended beyond that which was previously expected. The Company is now in possession of draft documents relating to the proposed agreement, and negotiations are continuing.
Specific terms of the agreement are still under discussion.
P Kennewell, MANAGING DIRECTOR
CFR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
