RE:RE:8:30am Conference CallUranimom wrote: PreludeSH wrote: Hope everyone here calls into the conference call...I also hope they will allow common shareholders to ask questions. One's I'll ask include:
1) To Dev: "Why the rush to do the merger since we have $30MM in the bank and no debt?"
2) To Dev: "By taking on the CEO role, is the strategy now to bring the PLS property into production?"
Add:
You are on record as stating that FCU is worth $3 a share. Could you explain in some detail how the proposed merger meshes with that statement given that we are sitting at around$1.
My questions so far: 1. Why merge?
2. Why merge now? Could have waited till after summer program and PEA, right?
3. PEA: does this merger have anything to do with compensating a
possible disappointing PEA?
4. You stated numerous times that you're not looking to develop, but to sell. Is this still accurate?
5. You stated before that FCU was worth 3 dollars / share (not even including winter program or upcoming summer program results). How does that statement gets honored with the current proposed merger price of $1.10?
6. Why not merge with NexGen instead? DML is pretty much dead money and dead projects according to analysts and the market (given the shareprice development over the last years)