FML 3.33% 14.5¢ focus minerals ltd

wall street journal articles , page-3

  1. 12,604 Posts.
    lightbulb Created with Sketch. 175
    excellent find !!!

    after six months of talks on a possible cornerstone investment deal, which had “almost exclusively” involved Chinese-based businesses, according to Focus Chairman Don Taig.

    !!!!!


    Instead the deal may allow Focus to go looking for its own M&A targets, in a sector that has long been loaded with smaller explorers and is described by market experts as ripe for consolidation.


    !!!!


    So invest in one mid-tier producer (ensuring your cash is safe!) and let them do your work for you: acquire more and since you've been flying under the radar of FIRB you can now use this as a "holding vehicle"


    Talk about clever play !




    So - the ultimate question remains:

    What is in this deal for us retail holders ????

 
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