I have no idea what the merits of this deal are for us. It does seem a little shady that they would do this deal before we saw any third quarter results. Just maybe if the mine(thanks to Greg g) is finally cash positive we might have had a share price bump that would have given san sh a better bargaining chip. I am fairly certain kerr holders were not too happy either having to consolidate 10 for 1. In the end though IMHO we need to move on and hope that Kerrs assetts were worth the additional dilution.

PS

A little gem I found

http://www.youtube.com/watch?v=Oz4-Tru_30A#t=184