CFR 0.00% 0.6¢ cluff resources pacific nl

cfr announcement just out 5/5/03

  1. 192 Posts.
    Looking Good!

    5 June 2003
    Part 1/1
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    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
 
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