juniors learn about life the hard way, page-12

thehitman - now ain't that a truth in life.

Yep we can all learn - because if we aren't learning then we are dead.

Mt C. has not seen the demise of RAU. In some respects RAU is stronger because of it.
In some people's view it was intended to pump up expectation so that a capital raising could be successful.

That in my opinion is the view of the cynical and the "burnt".

Yes, the prospect that RAU could secure MT C. certainly boosted expectations. But in my opinion it was a genuine view of JK that the deal was on and that RAU would purchase it. The time and effort that went into the due diligence indicates that it was a genuine prospect.

The end result certainly has made RAU stronger financially but it was not the end game of the exercise despite what some people would like everyone to believe. There was a genuine wish to own and operate Mt C. as a mine with cash flow from the quarry.

Perhaps the same people might learn that not every deal has to be completed at any costs. Obviously GN wanted certain things his way - whichever way that was on whichever day.