Ann: Unity Market Update , page-13

Sam, "The merger presentation hasn't told us how much it will cost to get the CRC mine up and running - some posters on the CRC site mention 70 million but I can't be sure."

you got it.

That's the reason for the merger. CRC can't go anywhere by itself.

Bank finance pre approved for $42 million and the other $28 million is the current MCAP.

I think UML got the better deal.