RUM 8.70% 2.5¢ rum jungle resources ltd

do the deal, page-3

  1. 708 Posts.
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    Personally I don't think RUM needs CEN with the reserves they (RUM) have, but if they still think they do they should keep in mind the old saying "Slowly, slowly catchy monkey" CEN will probably run out of funds sooner rather than later and doing a capital raising in this financial climate will be pretty difficult if not impossible. If I was a CEN shareholder I think I would be choosing to be part of a RUM/CEN amalgamation now (that has a good chance of a sizeable return for both CEN and RUM shareholders down the track) rather than sit tight and wait for a mythical white night to come along end up with nothing!
 
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Currently unlisted public company.

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