Here's how I see it - GWR raise some extra money - do a JV with another company who is cashed up - say Portland - make a take-over bid for Fairstar and then have a resource that can be easily supported by infrastructure and provide a nearly immediate cash flow to develop GWR's other assets
Say what you like but Fairstars resource can be bought into production cheaper and far far quicker than GWR’s and Fairstar are fast running out of options
Clyde
cap raising, page-7
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