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.
Ann: Unity Market Update , page-13
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