aztec disclosure gives mt gibson strong grounds to, page-3

100 mil facility approved Yea, finally finance approved.

after opening strongly at 23.5 drifted back to 22.5 which is about expectation.

AZR still strongly recommending against MGX t/o, but l dont understand as ARC want to accept MGX shares as part of the deal, so l am not sure where that leaves us. Can someone explain that one for me ?

MGX will now have to respond - will they change the deal ?

One point l cant understand is the ARC caveat was if mining does not commence before June 07, whilst AZR say they are on track to commence mining in Dec, so why the need to buy the caveat back ? Fishy business going on, more skeletons in the closet ?