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ext rio scenario ?!, page-25

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    EM1

    Thanks for reply

    As i understand rio have transferred there holding of ext shares to rossing uranium.
    I was just picturing if it was possible a merger arrangement where there was minimum money up.
    Like ext after drilling will be getting low on funds.
    If they was to go alone they need to raise 1 -200mil for plant and say 2 yrs to get income
    A merger offers a process plant and less time to mine to market.
    Maybe this will never happen but was just inquiring if this was possible.

    Im treating a merger as different to take over.
    This is corparate law stuff and out of my league.
 
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