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News: Resource Star raises funds to advance project generation, page-2

  1. 14,059 Posts.
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    Surprised this hasn't run further. The combo of announcements is effectively as close as a notification of a forthcoming acquisition as one can get.

    "project generation activities"

    A. Confirms an acquisition is coming
    B . Confirms that this shell will be the next in line for Cicero/Walker
    C . As @forrestfield has mentioned, they will likely have the same success as with the other RTOs they were involved with - VTX, NXR, ZIP. I don't think we'll see a DMY brick laying robot here or some bogus social media tech.
    D. Means they possibly have a company earmarked, who they are negotiating with.

    With Walker having a massive 90m shares in RSL, as FF has mentioned - this should be something special.

    I would like to see a quality US West Coast tech.

    http://www.geekwire.com/2015/iot-da...takeover-deal-with-australian-mining-company/

    “While we ultimately turned down a VC offer to pursue an ASX listing, I know several startups that are watching us very carefully as a ‘proof point,’ he said. “If we can do it, I wouldn’t be at all surprised to see more Pacific Northwest-based startups look to the ASX as a source of funding, and from what we’ve seen of the market already, there’s a lot of demand for high-quality, if early, tech plays.”
    Last edited by DrSeuss: 24/07/15
 
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