RE:Meeting recapAs thiggins says, Dev seemed testy but misunderstood the intent of that Q.
I asked him how, in his own words today, "If the market is poor, it's a good time to buy" that applies to FCU. It seems more a propos to DML. Conversely, it would be a bad time to sell, and we're selling half our value, to be paid in DML currency: unreliable, fluctuating and declining in value.
I also observed that there didn't seem to be any PO'd DML SHs in the crowd, and asked Mr Cates how often, if at all, he gets complaints from bitter SHs.
I spoke with a geo who's been in U since 1975 and found the first USA deposit. DIdn't get his name, but he said this sort of resource is once in a generation and far outweighs the value of the DML fruit basket.
We had the presence and support of Ben Ainsworth too. DIdn't say anything publicly, but doesn't have to. A very nice gentleman.
I think LL, DR and DC got the message clearly. They evaded any speculation on what happens if the No side wins. No mention of a better offer. Combined with the BNN interview, it's obvious LL thinks he can grab this at a bargain price, and DR isn't exactly fending him off.
I believe a No vote will be greeted with another offer from DML, and it may not be much better. We're not getting any protection from our own management against the current offer as it's been written, so only a No vote can potentially improve our situation. A new offer should be denominated in $$$ at least partially IMO.