Puzzle I don't know why they didn't pursue an off-take deal with some Japanese or Chinese resources company for some uranium as a way to get some cash needed now.
Anyway, I do know that when a company sells all of its assets instead of the company in a merger, it's because there are liabilities of the company that the buyers do not want and which are not associated with the specific assets. I wonder in FIU's case if these are the union severance obligations of EZ...although I would wonder why those liabilities would not be liabilities of the specific asset EZ instead of being obligations of FIU corporate entity.
I wonder why the stock price hasn't declined today. That's a good sign for shareholders in my view.