Ann: Potential Gold Acquisition, page-76

Morning Cujo. I can't see how GTE can acquire anything with anything but scrip. So "acquisition" is a euphemism for merger IMO. The PE company get out of it exposure to Finlayson (and the copper and nickel projects), the expertise of TG and JL and a listing on the ASX. The key for us is what GTE get - PE company may have their own expertise to bring to board (hopefully commercial as well as geo), they may have some funding themselves and they have a gold project, so how far advanced will that be - if it is the case that it may generate cashflow this year and as a result the greater GTE is then financially sound, then bingo! I understand why Porthos might think that's too good to be true, whatever, I can't see how else it can go though, will just have to wait to find out...