daytrades march 24 afternoon, page-133

come on, those calling complex transactions on fmj

give her a fair go

the structure of acquisition was announced on 22 Feb

it is not new info.

have a look at the target tonnage & grades on page 5

compare that to STB's 1bt target & ELM's 300mt at comparable grades.

the cost of transaction is 260m + 40m shares.

do some maths here

they are using Erocsplan to do DD, the same mob used on STB

STB chairman on board

For me they are trying to build a new STB here.