-The consideration payable for the Potential Acquisition, and the available iron ore tonnage -
and
-expected environmental rehabilitation costs-
There are two components to the transaction , the statement is ambiguous ( IMO ) if there was no consideration Eg cash or share placement to occur it would simply say the whole shebang will be acquired gratis as long as they pick up the rehabilitation TAB.
It is far more than an accounting journal entry in my eyes. As I said if the M.D is prepared to tell shareholders on the telephone categorically " there will be no dilution " as a result of this deal then surely it warrants an ASX notice as no doubt Tony is a smart man and he would be aware of what positive effect that sort of statement would have on the S/P
Cheers Hoot
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