Re Re Re Vote ResultBoth companies are very much undervalued at the current stock prices. Look at the numbers on DML's asset sale recently. They plan other asset sales which more than likely will have the same result. The big problem with DML is they have been losing money and the value of everything they own, has dropped since the Japanese disaster. Is FCU any different?? I think not !!! Every other uranoun stock price has the same profile so any thought that FCU is the only one undervalued is bogus.
We vote no and keep on drilling while waiting for an offer that everybody is happy with. Drilling costs money ,so more dilution will come if not sold in less than a year. The merger is a good plan if it is unlikely an offer will arrive. If we all knew the answer to that question, this discussion would be over.
If DML sells more assets as planned with revenue form other operations {mill etc.] losses should stop and allow time for a good offer as the whole sector revives. Best plan in my view ,but give me over $2.00 per share now ,and I am gone.