Well Well WellThe final piece of the puzzle has been placed it...

Well Well Well

The final piece of the puzzle has been placed it would seem.


Cut and Paste from AOI annoucement


The transaction is conditional on the parties finalizing a formal farmin agreement and the satisfaction of certain conditions precedent including due diligence, ministerial approval, Red Emperor raising not less than AUS$2.8 million, AUS$2 million of which is to be deposited into escrow by not later than July 30, 2010, other regulatory approvals and, if required, shareholder approval.


So no where in the AOI release does it mention the EXACT figure paid by Red Sea Resources to AOI for the 10% farm in, So the assumed figures paid by Red Sea to AOI need to be verified IMO.


Cheers


Jamit01