Will be interesting to see if others in the area step up and compete for Roxmark as they are they only company in the area with a full-operational mill...very valuable asset with everyone talking about talking these projects to production... KXL certainly has the money and share structure to easily compete with this offer from Ontex...
red911
P.S. SGX should also be added to list below at $15 million
Re: Ontex Resources and Roxmark Mines Announce Merger
posted on Oct 13, 09 02:05PM
Market caps - where we are at just now, with players in the Beardmore Geraldton gold camp (with KXL price probably artificially down, and PG probably goosed up):
RMK 45 million
ONT 45 million
PG 255 million
KXL 49 million
ULU 2 million
FWR 99 million
LME 4 million
January 2010 RMK + ONT will be one company, which I believe will be RMK.
