With RXM construction finance deal there is still room for M&A. OZL might kick in the remaining 300M capital to get the project to production and do some kind of aquisition/merger deal with $500M cash to get into bed with RXM.
The clever thing RXM have done is reduce the capital outlay to get to production in 2015 so the equations have shifted for potential suitors and OZL may take another look.
all supposition .... I hold both OZL and RXM
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