info needed to make decision, page-2

ok - I said I will take time out and will do so after this post again

Sleeping on this my first thoughts this morning (and now I'm not going to into the 51% issue):

- Timing is about perfect

- Capacity (labour force, equipment, contracts for tender due to down turn in some sectors) becoming more freely available

- a real chance to run a "dual arm beast" - beef up production(resolve Granny Smith etc additional mill capacity- get to higher grade stuff,optimise and get production cost down LT) and really beef up exploration (for once our geo's can really go for it) and look at other stuff than gold (Nepean for starters)

- any organic/nonorganic(!) growth is still shared by current SH

- finance market and investment in Australia will well not dry up but viewed more carefully

- accelerate current progress by a factor that would take many more years otherwise

- a real chance of a dividend years earlier (?)


So - is the 51% stake (at more than current MC) worth it?