Gets worse
So EZ is getting sold for closer to 60 mil in all likelyhood. Wow. Interestingly enough, voting down MWS transaction would end the EZ deal, so we went from optimistically 0.26-0.30 to optimistically 0.15-0.25, realistically I think were looking at 0.15-0.17! I's not 62 mil, but 52 mil according to this. And 52 mil is being optimistic, because were hoping the escrow funds get allocated as promised, which is unlikely.
Gold One will take complete management control over the Ezulwini asset on completion of the deal, which also includes a US$10 million loan to First Uranium Corporation, deductible from the acquisition price, and on condition of concluding a deal with AngloGold Ashanti in which First Uranium sells its Mine Waste Solutions and associated gold and uranium resources.