Ignore previous POST it went through too fast. Maybe some expansion to URA's post is in order here...
This is based on First Uranium's latest report from yesterday
Notes due 154.9 Million
Debentures ( including interest 140.7
Gold One loan including interest 10.2
Grand Total debts due 305.8 Million
Now using the number of shares outstanding, how much would it cost the ultimate purchser to get control of First Uranium and circumvent all the Superflouse (sp) and BOGUS EXTRA BS FILLED charges.
238 million share outstanding @.50 cents 119.0 million added to 306 425 million Total
@ .60 142.8 449.
@. 70 166.6 472
So you get the drift.............................
Now if we get an offer from Someone aside from AGA for let's say .60 cents a share,
I can see a counter offer from AGA for a starter the same amount but only based on the shares the do not own.
Now if teh ultimate purchaser was to sell Ezulwini take out the 70 to 100 million that anyone with a brain would offer for Ezulwini, whomever buys MWS gets it for less that 400 million ... or 60% of it's most recent FAIR appraisal value. Still a Fueking GREAT DEAL.
Mike