2012 scenario, page-5

found this on the ABU thread,

"A FLURRY of takeovers is expected in the gold mining sector next year as cashed-up players pounce on smaller explorers.

A report released by financial services firm PricewaterhouseCoopers predicts the market tumult set to hit next year could create a series of mergers and acquisitions.

"With the volatility we are seeing in the market, not least of which includes the recent downturn in the gold price, those companies sitting on deep pools of cash and have an appetite for acquisition are in the box seat," PwC mining commentator Tim Goldsmith said.

"They are ready and able to swoop on smaller explorers who are more vulnerable to market fluctuations and who can have difficulty raising capital."

Almost 30 per cent of respondents world-wide said they expected to spend cash on acquisitions.

The report said there had been 544 acquisitions valued at $10.9 billion this year.

Last year, 483 acquisitions were made that were worth about $18.6 billion"

not that id be too happy with a takeover (unless for the right price) but it substantiates that hopefully next year could definately be the runner for FNT. Some big major taking a position in Andewa would be great! once the big drill rigs confirm mineralisation from surface (confirmed) to depth (likely IMO) we are on for young and old.