Ann: CZR Receives Binding Offer from Robe River JV, page-22

I guess it reflects what people think of management and the remaining projects. They would rather accept Fex than have czr with 31c cash and the remaining projects. CZR trading at under cash backing ( after the 31c ) also reflects what retail think of management and the remaining projects. CZR need to announce a large capital return from the funds if they want retails support. In the end we are at the mercy of what Mark Creasy wants to do. Neither bif can succeed without his support. Thanks FIRB for costing Australian’s millions. Rio JV would have come over the top of Miracles bid anyway so all FIRB did was cost us money. Same end result - RIo JV owning the deposit, just they can get it for less not having to outbid Miracle. GLTAHs