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First Uranium Corporation T.FIU



TSX:FIU - Post by User

Comment by Critical_Masson Apr 20, 2012 2:46pm
107 Views
Post# 19817872

RE: RE: RE: break fee

RE: RE: RE: break fee

5 days once they agree to the new deal.  That hasn't happened yet.  There will be a news release when that happens, then 5 days.   We only pay the 2.5m if the Russians/SA end up with it. If Gold One matches we don't.

There is definitly not solicited by FIU.  Yeah we will Still have to pay back the credit facility to Gold One.  But if the Russian SA bid is serious, they will have to bid a fair bit more to not have Gold One just match it.  Or go through several rounds of improvements. 

Regardless, things are going to get interesting now that this bid is out.  If its for real, I'm going to call it that the low is in already.

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