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First Uranium Corporation T.FIU



TSX:FIU - Post by User

Comment by colt451on Mar 03, 2012 2:17pm
136 Views
Post# 19622445

RE: If you look at the numbers closely again !?

RE: If you look at the numbers closely again !?

I should have been more specific...if you look closly you see initial payments of 36.6 to shareholders, and later, 25.4 to shareholders from escrow, + if you look even closer at other NR's the company says that property assets apart from MWS and EZ will be liquidated and given to shareholders, but I have no idea what they are talking about...were they working on other tailing dams that were uncompleted at the time of the sale and not part of this deal? I can't remember, but something is nagging at me...anways, initially 36.6 million to shareholders + 25.4 later = 62, 62/268 mil = 0.23/share. -> which equals shareholders being shafted.  

expects that it will make the following initial payments to security holders from the proceeds received on the closing of the transactions, after deducting approximately $23-million in operating and transaction related costs: notes debentures shareholders $167.7-million (U.S.), $147.7-million (U.S.), $36.6-million (U.S.).

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