When the deal is turned down !
When the deal is turned down Integra’s option 2 will come into play.
While attending the PDAC I spoke with several analyst about Integra going forward with regards to a share rollbacks and this is what they had to say.
Integra will be bought out before I would see a rollback, at 480 million shares out it would be to costly with to much dilution to finance next stage development going forward so a buyout is inevitable. (It was going to be ELD)
Only chance I would see a rollback would be if Integra had to go it alone with out a decent buyout offer,,, and here we are ?
If this arrangement with ELD is turned down don’t be surprised if Steve announces a 1 for 3 rollback a tells everyone to go Fuc$ themselves and Integra becomes a stand alone mine !
The assets are there,, I made good money on the last rollback,, started @ 0.18 !
M2