Ann: Trading Halt, page-19

My own guess ? That FML CEO contacted IRC's CEO and offered him a very competitive
"toll treatment contract" on the proviso that IRC covers the cost of bringing FML's
Three Mile Hill processing mill into immediate operation.
(The plant is currently on "care and maintenance"-$22m refit done in 2009 so
further cost expected to be fairly modest).
NB- would be a good deal(for IRC s/holders) if FML totally acquired IRC given FML's
modest no of shares on issue ~183m + ~ $40m cash on hand + 3.8m ozs.
An astute CEO ! to put operations on hold whilst the gold price was in the
doldrums-now ready to fire up again.
MRP ?-no trading halt !!-does this indicate they are not included in any FML/IRC
deal.If so MRP would walk away with ~$280k break fee from IRC.
All should be revealed on Tuesday 12/2.