Hi Charl. I take your point. I'm not suggesting we take a merger at any
price, and the longer we can delay it and get some more drill results the
better for us. But size matters in the mining world. Particularly in places
like the DRC. The more friends you have with clout the better. Merged
with AVM (at the right price) we could jointly have a company worth well
in excess of $1 billion this time next year. This puts us on the radar world-
wide.In regard to exploration potential- AVM have plenty too. Check out
their presentation on their website entitled Kinsevere Site Visit September
27,2010.
This is all just my take on things.I believe a merger is inevitable. All that
remains to be worked out is the terms and the timing, and that will be
decided by people with far bigger stakes than us. We just have to hope that
it will be equitable to all.
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