CRR 0.00% 0.8¢ critical resources limited

Ann: Proposed issue of Securities - 4CE, page-14

  1. 15,750 Posts.
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    Kevin what are your thoughts on why 4CE picked this up instead of Alara? Alara have $100m to spend and they don't need it all for AlHadeetha, and it was no secret that for the last 5 years they had shown interest in acquiring it as part of its portfolio.

    Why would 4CE want to buy a project that even SAV were not positioned to develop, when Alara is sitting there loaded with cash, its own mining services company, engineering team etc ?

    I can't work this transaction out at all and would welcome any points of view
 
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