Aberdeen International Inc T.AAB

Alternate Symbol(s): AABVF

Financial Services Asset Management

Aberdeen International Inc. (Aberdeen) is a Canada-based global resource investment company and merchant bank. The Company is focused on small capitalization companies in the rare metals and renewable energy sectors. Aberdeen’s primary investment objective is to realize returns by investing in pre-IPO and/or early-stage public resource companies with undeveloped or undervalued quality resources. The Company’s strategy is to optimize the return on its investments over a 24 to 36-month investment time frame. The Company’s investment portfolio consists of nine publicly traded investments and 14 privately held investments. The Company focuses on augmenting its investment strategy with a focus on renewable energies, particularly the hydrogen sector. The Company has investments in industries, such as base metals, lithium/energy, health, precious metals, agriculture, clean energy, and others.

TSX:AAB - Post by User

Aberdeen International Inc

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Post by Alhajaon Dec 16, 2008 5:34am

236 Views

Post# 15648001

S&J and numbers

Here is the link to the NR, although I believe everybody has seen it:

Aberdeen Q3 numbers and S&J trouble

After reading the NR I came to the conclusion that S&J is likely right. Would like to see someone prove me the opposite. The problem is that if the conversion into shares is not obtained by shareholder approval, the facility is de facto converted into a 1% NSR. That seems to be the alternative conversion S&J is speaking of.
They only had a chance of repayment if they never asked for the conversion into shares.
I suspect S&J management is smart enough to make no mistakes in the interpretation of the contract. Although I think Aberdeen Management has no lack of intelligence either, something has gone wrong.

What a pity,
Regards.

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