Ann: SLR: Silver Lake Acquires Red 5 Shares, page-140

I have not read this thread, but is Silver lake Resources getting ready to pounce ?????? I am usually wrong but they look to have borrowed cash to buy RED shares and keeping a war chest for ????????????????????

"Cash and bullion at quarter end was $369.8 million (excluding $21.9 million of gold in circuit and concentrate on hand, at net realisable value). During the quarter Silver Lake implemented a short termcash facility of $130 million offset against a Silver Lake bank term deposit of $250 million, which was fully drawn at 30 September and was closed out in mid-October. At 30 September, Silver Lake held listed equity investments of $117.8 million, for a cash, bullion and liquid investment position of $487.7 million, with debt of $130 million for a net cash, bullion and liquid investments position of $357.7 million (30 June: $345.1 million). As at 25 October the value of Silver Lake’s listed equity investments had increased $11.2million to $129.1 million, which included the acquisition of a further 7.6 million shares in Red 5 for consideration of $2.0 million post quarter end"