RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Just OutI believe you did misinterpret the break up fee terminnation provisions. Unless they modify the agreement and/or extend the meeting date, it goes away tomorrow if RMC does not obtain shareholder approval.
I also think you are placing too much emphasis on the "red dragon". The offer they are discussion was apparently one that was submitted during the time period RMC was entertaining offers. It is not a live offer nor do they say it is indicative of their thinking now. NSU has advanced significant monies to RMC, some in the form of loans and some in the form of equity. They want to make money on their investments and, let's face it, there aren't too many Timoks out there. Nevertheless, I expect the stock to trade down if the vote is not in favor of the deal. I've been in this from the beginning so I am not as bothered by the share price swings as more recent purchasers. RMC management has done an excellent job thus far and I continue to have complete confidence in them. Ciao!