Banca I.F.I.S Spa BNCIF

Financial Services Banks - Global

Banca Ifis is an independent banking group specializing in the collection of trade receivables, non-performing loans, and tax receivables. The group's credit is exposed mostly to Italy and other European nations. Its trade receivables segment focuses on growing trade finance loans and providing liquidity to Italian small and medium-sized enterprises. Approximately one-third of its loan portfolio is from government and public administration, whereas two-thirds are from the private sector. The gro

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Banca I.F.I.S Spa > FDR.V to acquire NRT.V

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Comment by sjanneson Sep 02, 2014 9:24am

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Post# 22896450

RE:FDR.V to acquire NRT.V

Seems like great news to me, at current prices we would get around $0,115 per share which seems reasonable to me. Flinders has just restarted their Woxna Graphite operations, so it should start generating cashflow what can be used to fund El Tejon. When those two are in operations we could start expanding the amorphous mining and the canadian explorations targets. Flinders man. team has experienced in reviving a mine, Woxna was put in care and maintenance around the same time as El Tejon, if i recall correct. Sounds like a perfect match to me. From Flinders perspective I think this merger makes more sense then the proposed merger with Tasman Metals earlier this year.

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