I am confident JK and the board have locked the Mt Carbine owner in a deal at a set price, given that he has been granted two lots of free shares for the right to evaluate AND purchase the mine. If the owner bails out of the sale, I am sure RAU with Greg Barnes being a lawyer, would seek a level of compensation the owner may not be able to pay so easily. If the owner wanted to make money, why did he not float his own company on Mt Carbine? Alternatively, he could have put the mine into another float to cash in on it at a higher prices. Vital has been in the area for a couple of years. Why did they not buy Mt Carbine?
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