If it is a mining asset I would question the real benefit to SH....

If it is a mining asset I would question the real benefit to SH. Only cheap tenements would look to do a backdoor listing because if it is at or near production 1 of 2 things would happen 1. They would go full IPO front door listing. 2. Be sold to BHP, Rio etc etc.

So if its a mining asset it will be some tenement that is years away form production and will have to go through various CR and dillution just to get to JORC.

There is nothing more important for an ASX listed company than to be cashflow positive NOW and all the minig deals that ar going around now are so big players can pump and dump because mining is seen to be sexy at the moment...