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Western Wind Energy Corp V.WND



TSXV:WND - Post by User

Post by agrossfarmon Jan 14, 2013 6:48pm
273 Views
Post# 20837021

I am surprised there are

I am surprised there are

so many whiners among you. Either decide that it is worthwhile to hang on or sell and go on to the next investment. Jeff honestly explained some of the facts of life and honesty is the best policy and allows you to make an informed decision. But I do agree with you that it would also be nice if there was some disclosure of the number of bidders or the range of prices, assuming these are positives. But I suppose that to get the bidders to sign CAs, WND had to as well.

Ever since the Yabucoa close had to be postponed because of a supplier bankruptcy, it has been obviously something that would extend the time line. The Solar farm had to be redesigned and that had to be re-approved. Anyone who understands the process would be able to figure that out.

On one of the broadcasts, Jeff explained how he asked bidders in the Rothschild process for a tentative bid with and without the Yabucoa close.

He explcitly said that there was a huge difference between the bids. My guess is over $1 per share difference in the buyout price with Yabucoa worth about $100 to $120 million to us after the close.

If you would be happy with perhaps $1 less, and save all that time, I suppose it is your choice and I wish you luck. I will have some patience.

And I think Jeff would like to get this sold for the highest price possible (unless he could buy it all himself and get rid of all us pesky shareholders).

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