Ann: AVL in Strong Financial Position to Complete DFS, page-61

[1] Even with giving excess directors in a merged company (by takeover probably) a golden handshake, surely shareholder value would increase.

[2] Surely a joint DFS is better (optimizing over joint resource) and cheaper that two DFS's.

[3] Perhaps the Mining Minister (they do have one don't they?) could invite the two Chairmen to lunch.

[4] If this pipe-dream of WA Incorporated doesn't get off the ground within a few weeks as everyone comes back from holidays then forget it as it will slow everything down rather than speed everything up.