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scrip offer for bonaparte diamond mines, page-143

  1. 435 Posts.
    Brenden

    "Do you really think they would be doing it if it was not advantageous to the new entity ?"

    Yes absolutely, they are doing it for their own benefit only and to prevent BON from going under where they would collectively lose 11% of whatever BON is capitalised at at the moment.

    Hasn't MAK got enough of their own rock to mine on their own for years without having to bother with BON?
    The answer is YES. so why take on BON? Simple, to save the common directors from losing their money in BON
 
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