RE:RE:Bird in Hand BuyoutI agree that TUO is the best play, hands down.
I agree that if you want to ignore that and invest in TUD, at least wait unitl they do a PP.......which will be soon imho, so that you get warrant and cheap shares.
But there is no "yes or no decision" to be made.
There is no buyout. There is no bid.
All there is, is a nonbinding nonbid for AMK.....from an entity with next ot money....and I mean next o no money. What does that mean??? Not very much imho. But it does give the nonbidder an exclusive to kick amk tires........a no shop clause. And a break fee in the event a transaction happens with someone over the next year.
rockport1 wrote: Here is my opinion on the Yes or No decision of the buyout. It makes sense to me to take the 43 cents. It is a decent premium to market, and if you think Treaty Creek is undervalued, you can then move your cash funds into either Tudor or Teuton.
Teuton is the obvious choice for the carried interest, and the potential of other properties, assuming it does not rise too far in tandem with the AMK buyout level. If you prefer Tudor, one way to play it is to wait until the next financing. You will likely receive a warrant in addition to the shares; this is great for longer term returns.
There is an added benefit to the project of investing via the financing: you will help ensure that Tudor has funds for drilling and further exploration. Remember, Perfecstorm, CBS, Eureka and potentially other deposits lay in waiting...
This all assumes that your individual tax implications don't mess things up. Also, assumes that another higher bid does not come forward before the deadline date.