Yes I'm thinking outside the box when you have the guys that are holding IRC like MR that cashed out 11mill from EAR .... and merge with MRP that will also have their contacts and funds ...then you look at the likes of CMM($50mill market cap) that has Macquarie Bank willing to lend them 107mill !! to build a plant ...
MRP-IRC merged should well command over 50mill ... now if CMM can get a 100mill loan why couldn't the new Horizon get enough to secure the Coolgardie project ... FML is valued @ 60mill ..... Not sure what Sandong/FML mgmt would be happy to let it go for ...but if they got cash + Scrip + royalty etc I'm sure they would take it ... as haven't they been trying to shift it ???
TH------
The Company requests an immediate trading halt pending an announcement concerning a potential transaction in relation to Focus Minerals Limited’s Coolgardie Gold Project. "
as the ann states "transaction" not agreement
Ann: Pause in Trading, page-50
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