rationale for merger of hml/igf

  1. 3 Posts.
    The merger is a means of fast-tracking progress both on and off-shore, as the scale of the merger will attract the support of smaller European fund managers, in particular London based funds. The Australian prospectivity of the merged group is very attractive, and also the strategic value of the Romanian deposit, given the significant presence of Gabriel and European Gold. The common tie across the merged group and the Gabriel/European Gold connection is, of course, Frank Timmis, who has plans for an Australian-based mining house.
 
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