Ann: Tawana & Alliance to Merge and Capital Raising & SIA, page-233

agree UY, this is great long term... this will make things possible to maximise shareholder value..... there will be plenty of things down the track this could help the company with.

just the ability to access debt to start with.... the commentary is suggesting access to debt will be far easier... the new merged entity may now be able to borrow for the second DMS... i know we all love the idea of offtake prepayments as a way to fund this again... but, whose to say we wouldn't be able to negotiate a better $/t if we didn't borrow money off/receive prepayment off the offtake partner... if we were able to increase the sales price by more than the interest cost on finance then we will be in front... i.e. If we didn't receive prepayment for DMS #1, could we have received greater than $880/t?? i think it would be fair to suggest we could have...