re: thoughts on ann ..joint venture
first thought are excellent news. Need more info re JV. Seems that FCPB will fund CUS 50% of the venture through issue of up to 40 mill shares at 25c. They will draw down as they need the money. So the total jv will have 20 mill AUD to start with. Brencorp backs good people...they owned LAC which became PRK and they made 338 mill backing Corrigan. FCP are heavy duty players...look them up. These are the sort of people you want on your side when you take on the biggest mkt in the world.
CUS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
