GREY:ESOFD - Post by User
Comment by
letsgetreadyon Sep 16, 2013 11:06am
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Post# 21742552
RE:RE:will the market blow off 100 m of mineralization
RE:RE:will the market blow off 100 m of mineralizationwell said leverage..those that vote NO to the merger put in doubt the larger payoff later when Merged FCU (owning 100% of PLS) is taken out by a merger.
By the way Losecash, shareholders decide on a takeover offer..one can vote no..and you may wish to know, AMW shareholders will own 51.5% of Merged FCU on a fully diluted basis.
Leverage is right, only a fool will undervalue Merged FCU and I don't think management are fools..by the time PLS is merged, they will have proven up close to 100 million lbs..and the price of that won't be $600 million..it'll be close to $1 billion.