RE: RE: RE: Your Opinion One answer would be to sell a minority share of the Correntyne license (say 30%) to someone other than PRE and keep PRE's share of CGX @ 35% or sell the on-shore license to PRE/ someone else.
CGX management must work harder to finalize a different deal. Maybe they should make any potential deal a bit sweeter to attract more potential partners.
It appears to me that the so called "white knight" is turning into a bit of a cruel, harshless beast.
There has to be other alternatives! WE are being "press-ganged" into accepting this deal on the pretext that there is no other alternative, which I find to be unbelievable!.
The way this whole deal is shaping up, stinks!!!!!!!!!!!!
This way we do not have to give up our shareholders rights plan. I am sure that if we vote against that, their would be other, more favorable, options suddenly appear.
CGX is taking the easy way out without any concern for the shareholders and this should be hammered home at the meeting.