Personally I think that this will get across the line, Cline are buying the asset that is way under market value and the CEO (and maybe others) have gifted themselves $295,000 (or a value similar to this) for a successful scheme implementation. the port and rail can either agree to transfer agreements or miss out on a lot of business. Too many people benefiting hugely from this going through.
It also benefits hugely anybody who buys now and sells in a month or so at 2.3c.
Cline will build a mine for a fraction of the price to that of Coalspur by buying a used existing plant and refurbishing it. Coalspur was trying to apply BHP methodology to the mine and over engineer/over pay/over control every stage.
Newbie Thomas
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Personally I think that this will get across the line, Cline are...
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