Woulfe Mining Corp WFEMF

RE:RE:Merger of Almonty / WOF

[lonade]

It is correct that with 51% they can mostly do what they want. But in these cases the company does try to obtain all outstanding shares (if they have the cash to do so); so they dont need to share a piece of the pie with anybody else. Meaning if they should start paying divind one day, they don't need to give away 49% to other shareholders.

So in order to obtain all 100%, their first goal would be to reach 90%. Since with 90% or more they can initiate the squeeze-out transaction and the remaining shareholders have to accept the offer. They basically kick you out and take over your shares; which is complety legal and happens often.

So in our case, Almonty cannot provide us a good offer with only a share swap since WOF would then hold the majority in Almonty, which is not their goal. One solution for them would therefore be on one side Almonty shares for WOF as they have already done (price 0,08 CAD) and in addition to provide a cash payment. This way they could actually provide us with an acceptable offer without loosing control. It is clear they do not have the cash to do so now, but this could happen to a later stage.
They have realized that just throwing a low ball offer will not work; as happenend with their last offer.

So to speculate,  they will initially try to reach the 51% and then later go for the full takeover (just my humble opinion). Time is on their side; they could bring the mine into production first and then once it starts generating cash initiate the full takeover. It would be expensive, the feasibilty studies shows that they would have the money back in no time.....the rest is then just profit for them.

Anybody have another opinion; please feel free to comment!