RE:Al MehwarBoth Al Mehwar and GMT did not enter lock-up agreements to support the Strathcona offer. Obviously Al Mehwar did not like the terms either. Why would this change?
Give us a link or some credible info that says the Al Mehwar has publicly stated that they've OPPOSED the StrathCona deal. So far, i'm not aware of anything said because they've bascially STAYED SILENT on the whole subject. That's assuming they're STILL a Pipestone s/h of course.at this point in ttime. There were NO recent filing on their behalf regarding any sales so i;m assuming they still are......to some extent.
For the StratCona-Pipestone deal to go down in flames, TWO things must occurr. Al Mehwar has to publicly state BEFORE September 27th, that they oppose the deal or we have to find out some way what their intentions are AND they need to have at least 12% interest for any shot at the deal being defeated.......
So if someone here has any links or connections to the Al Mehwar folks......i suggest you make that phone call pronto before the StrathCona guys do......
IF Al Mehwar votes no (with a minimum of 12%).......the deal is DOA
GLTA