Ann: Takeover Bid Received from Paladin , page-17

  1. 10,295 Posts.
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    It looks like the liquidity for FSN has dropped off the edge of the planet. That's probably the main advantage cited by FSN's directors, apart from the opportunity to be have shares in a producer. Which begs the question "why bother investing in an explorer in the first place, if not for the added value due to exploration?".

    And to add insult to injury, they have agreed a break fee of 400k payable to Paladin!!!!!
 
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