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Coniagas Battery Metals Inc. T.COS


Primary Symbol: V.COS Alternate Symbol(s):  CNBMF

Coniagas Battery Metals Inc. is a Canada-based exploration and mining company. The Company is focused on nickel, copper, and cobalt in northern Quebec. It is advancing Graal Nickel & Copper Project. The Graal Nickel & Copper Project (the Property) is located in the north of Saguenay Lac St-Jean region. It is comprised of 110 map-designed claims covering 6,113 hectares. The Property is also located at 190 kilometers (km) north from the seaport terminal of Grande-Anse (Saguenay).


TSXV:COS - Post by User

Comment by skyplton Jan 08, 2016 12:12pm
121 Views
Post# 24440472

RE:RE:A question

RE:RE:A questionSo just to be clear...those who have already tendered are not in a done deal.  That sucks if they bought those shares specifically to tender.

My understanding (am I in error) is that SU has been buying shares on the open market.  I guess my ultimate question would be if they are into this far enough that making a better offer is in their best interests at this point.

I would assume than that those who already tendered at .25 would automatically get any more SU might offer.  Lucky them.

I sincerely hope the outcome is indicative to SU that .25 is not the right offer. I think at this point .32 is.  I am not so sure why they have not already come to that conclusion yesterday.

I guess it boils down to how much SU sees COS as strengthening their bottom line in the long term.  I think they would be silly not to come back at .32.  They tried at .25 and did not do it (I hope).  That does not negate the fact that both SU and COS are better combined.  Get rid of all those extra layers of management and let SU get Syncrude running efficiently.
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