Re: Shared Message - NOT-SPQ-FWR -Snug
posted on
Apr 23, 2008 08:39AM
I like your post Snug on the concept of the merger or JV of the friendlies ROF properties. You indicated a potential merger of NOT and FWR and SPQ properties. This fits in with Richards unexplained "New Vision" and his statement about "we" controlling 80% of the ring of fire properties. It certainly would be a good way to maximise shareholder value but unbelievably complex to put together. There are already side JV's with NOT and WSR and BOLD and as well SPQ JV's with KWG TME etc. I think it would take a room full of lawyers some time to pull this one together and agree it is way too early. But nevertheless a fantastic idea.