bargain?, page-16

Personally I don't think the deal will be renegotiated (though they might try)...yes CSE has to work in best interests of its sahreholders, but so does SYR.

IMO only 2 possibilities, either the deal goes ahead as initially arranged, or its terminated.

The latter is looking more and more likely I think. I don't think SYR or CSE expected Balama to be as good as its becoming...they probably knew it was going to be big, but not THIS big.

Makes sense to me if CSE now decided to just stick with their SYR shares and give the mineral sands a miss, as good as that project is. They still have exposure to the MS regardless thru their SYR shareholding. And if SYR were to arrange a similar deal with another company, CSE would get shares in it. Though if the MS was to go to another company, I expect SYR would do some work on it first, to try and build its value.

As much as I was FOR the deal going ahead initially, now I think I'd prefer if it didn't go ahead.

Cdchi1