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HNC have just been given all OKs necessary to acquire 70% of AII for 83 cps = about 85 mill cash ...... its bid is now unconditional and closes sep 19 (today's announcement). expect a name change next to reflect HNC's new LISTED presence on the ASX (30% Ozzie owned)

AII project is significantly lessor quality than Browns resources for which HNC have a JV agreement to fund a billion+ buck plant for 50% of sulphides EXCLUDING the Uranium ....... DFS underway at HNC's expence and due to complete mid next year. I kept scratching my head as to why HNC were interested in AII to start with ...... but that was when CMR was 2.50 and AII 65c

MEANWHILE back at the ranch, CMR's price has been IMO continuously and pre-meditatively quietly CRUNCHED down and whilst the AII bid was being delayed subject to formalities, so much so that once these formalities finally cleared , we now find AII at significant premium to CMR's price !!!

Ergo the puzzle pieces fitting .... WHY the HNC interest for AII .... apart from shelving it for y2030+ LEAD resources etc

Enter the CT dragon ...... HNC now effectively own 70% of AII as of Sep 19 for CASH payout to shareholders (83c) ....... THATS ALL THEY ASKED FOR ........and AIIs share cap structure is same as CMR's .........and now so easy for AII price to move up to at least the T/O bid of 83c and prob where the technos target, 105 - 120 coming up ?

Meanwhile imagination could have one thinking that HNC's remaining 6 mill CMR shares may have been drip fed into the market "accidentally" pressuring CMR price down ...... and who knows WHAT Harbinger have been doing with CMR if u look at what they have been doing with FMG (???) ...... strategic pivotal failures one after the other ....... til we might find CMR at half AII's price ....u know a little more down, a little up (?)

Next move

HNC Oz Ltd (nee AII, 70% China Inc owned) could launch a friendly 70% PAPER BID (one for one?) to a shareholder distressed CMR .......... PAPER BID ONLY ....... and China Inc (who now own 70% of AII) might end up with 70% of 70% of CMR assets INCLUDING the URANIUM and everything else INC THE GOLD by simply doubling AII share cap base to sub 300 mill ........ and still be seen as ONLY 50% overall Chinese control ........easy peasy for FIRB approval espesh since there will be URANIUM involved.

WITHOUT expending a single cent beyond the original 85 mill bucks they are paying AII shareholders now for 70% of AII, HNC can hypothetically gain control of 70% of CMR CORPORATE ........ ALL ASSETS ........ sure beats paying a billion bucks for only half the sulphides !!!

Once in corporate control and still 50% Ozzie owned, HNC Oz Ltd can do what they want .... into resources third primary UPLEG ahead and be major beneficiaries of Browns.

Of course my hypothetical scenario has us still retaining 30% of our shares ......as only 70% would be handed over with the blessings of the CMR Board ........CHECK OUT THE AII MO ...... who have allowed themselves to get into a downward spiral and into coming deal they couldnt refuse ...... ???

My imagination of course all this but sure helluva way I WOULD HAVE DONE IT if I was HNC looking to do the best deal for ITS shareholders and thanks to our MISTIMING, MISGUIDANCE and HELP from general market demise meantime,.

Coincidence, strategic planning, Zeus's revenge for failure of our Board in accepting that without the Gods man is meaningless (that bloody statue damn haha)??? .... wasnt that a lesson Poseidon gave to Odysseus before letting him of the hook to return home with humility ?

Thats a lesson we are being taught atm IMO, by the gretaest dealers and pirates around.

I know I know all this "conspiracy theory " BS ......like my GORM BS ......but geez, maybe I shouldave been a Hollywood fantasy movie script writer hey ?

Actually have seen all this before ... the way sharks act when the strom whips up the waves ... but u all think Im crazy or something?

Too many things whch should have been done in TIME and were not now place us at the MERCY and PLEASURE of HNC (China Inc) IMBOOC. U know how it is, nothing personal, business is business !

Time will tell hey Pirra.

If I go one step further tho, i would be holding ALL my shares if something like this eventuates and in fact buying even more cos then the development would be in hands of real pros.

I guess its all been a big coincidence cos we didnt think market would fall in a heap like this hey? At least we have a PLANT now hey? VERY curious to see what next from here ..... speccing on it.

IMBOOC