Woulfe Mining Corp WFEMF

RE:merger considerations, trading volumes and dutchmann

[lonade]

The past weeks we've had very numerous very good posts summarizing most of the aspects of this merger, but I feel there is one thing that is not really being highighted: alternatives.

After conducting my own due diligence and evaluating all the pros and cons, it always comes back to the same point:

OK the offer is low and WOF is worth much more. It should probably be 60/40 in favour of WOF instead of it being the other way around. We could still hope for some small increase from the judge, but thats not something we can rely on.

One could easily just say no to the offer, as being done by several posters. 

But then please explain to me what will happen then?????

Do we then expect a white knight to suddenly appear out of the mist and offer us a value that really reflects the true value of WOF; I really think we all should stop being that naive......

I agree with volfram that there are significant synergies that will be unlocked with this merger. 10CAD is a bit high, but could be reached with favorable market conditions and an increase of the tungsten price.

All I would now expect from Black to give the merger a better chance in succeeding, is a prior update that the financing is  (nearly) complete and that construction should start asap.

This would show all of us that we (Almonty and Woulfe) really do have the same vision for Shangdong.