FML 15.2% 14.0¢ focus minerals ltd

The following scenario could resolve the impasse between FML,...

  1. 435 Posts.
    The following scenario could resolve the impasse between FML, CRE and Stone.

    A round robin deal where Stone sells its CRE shares to FML in exchange for the CRE convertible notes, with the covertible note debt being extinquished through CRE selling certain of its northern tenements to Stone.

    Stone can then put the purchased tenements into A1 Minerals (in which Stone has an agreement to acquire a controlling interest), CRE eliminates a major debt, and FML ends up with more than a 92% of CRE thus permitting a compulsory takeover.

    There is of course the alternative scenario that involves Silk's dobermans.




 
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