Alpha Minerals Inc ESOFD

Re Takeover Hype

[toriddog]

Some posts on any takeover deal are completely devoid of any common sense. Any merger or takeover deal will be structured very close to the numbers outlined in LETSGETREADY's post of Aug 28/13 Titled RE Takeover.
As the proposal is a share offer for the takeover/merger by FCU, no cash would change hands and each side would keep 50% of the current value of PLS. They would share equally in any change in the future value regardless if it is up or down.
To expect that AMW will get a premium price is not on the table, unless it is a cash offer and that will be all AMW gets for the PLS deposit. AMW shareholder would be crazy to take this and should keep a share of the find until they receive a premium from any takeover by a large uranium corp or drilling is complete and we know what value is there.

[losecash]

I think everybody on here realizes a merger is the likely course of action. However a majority of AMW and FCU shareholders do not believe Dev is the man to be in charge after a merger. 

[bridgetonowhere]

There are probably 3 main types of AMW investors who rail against a buyout/merger/amalgamation with FCU.  First there's the anti-Dev camp who spend their spare time surfing the juvenile celebrity web sites on the internet and have personality issues with Dev as CEO of FCU/AMW.  The second camp are those that don't fully understand the deal and prefer to maintain the status quo. &

[wintersun10]

the risk of not merging is, say Cameco takes out FCU and then decides to mothball the PLS project. Now what for AMW?

[bridgetonowhere]

@wintersun10 - 100% valid point.  CCO could easily buy FCU and then strategically wait for AMW to come to the table.  I'm sure there would be a chorus from within CCO that would make the arguement to concentrate their efforts on bringing Cigar Lake into production and basically kill two birds with one stone.  

[losecash]

A merger is the best solution under proper conditions and leadership. The scenario you mention bridge could happen just as fast to fcu. Gunning has seen this before. I dont think your arguements are going to sway anyone here. Like I said before investors are with amw for the management pedigree. Management is currently going over the offer and im sure will post direction shortly. If word comes

[Tarquin4]

If price of uranium continues to tank, don't believe CCO will take Cigar Lake into production or only for the short-term to appease CCO share owners and cause them to overlook CCO's inability to raise its share price.. Low U-308 price benefits AMW/FCU because deposit is cheap to drill. Much better for CCO to buy AMW and/or FCU.  I lean toward a CCO purchase of AMW but who really knows

[Horta]

FCU was trading at premium so Dev/FCU was afraid if only half PLS was going to be bought by a major it would have been AMW.  Then your scenario for AMW would have been for FCU and it would have been Dev/FCU that wouldn't get as much for their share of PLS.  Therefore he gave a quick offer that corrected the situation so both companies are trading near par again. Horta