Any thoughts on this - I hold both and mid last year CFE and IGS went on a european roadshow where CFE spruiked Sappes...
IGS have been touting potential acquisitions and it would be completely inline with the DMC deal.
CFE to get 30-40 mill, royalty and shares.
IGS to purchase company transforming asset - they have $20 million in cash already - a large capital raise would then fund the development.
It makes sense to me but happy to hear otherwise.
Come on CFE - we want some news!
cfe to use igs to takeover sappes?
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