RE:Dear Mr. Lukas LundinMy take is NSU was already moving down before our merger. June 1st 2015 nevsun was $4.20 and started down, by January 11th they hit a low of $2.33. I think the big institutions had forward knowledge that Bisha was headed for trouble with the gold and copper running out. About at the low Freeport was courting companies to divest Timok upper zone. With that in mind I would guess Reservoir management was thinking of exercising the ROFO. Miraculously NSU started back up and peaked on our deal day never to trade any higher. As good as Timok was big stock holders have taken the last year and 4 months chipping away at the price, with big moves down every time NSU management shoots themself in the foot. The rise before the merger had to be done by those that knew it was comming and thought it was going to be their salvation. Also the run up insured the dilution would be much less at $3.74 than $2.33. I also believe they knew they were introuble and at some time would run out of lipstick for their pig and had to make this deal no matter what the cost. That comes from Davis leaving and the skeletons comming out. I was one of the last to vote my 500,000 shares and I voted no. Then came the cash incentive to push the deal through and the rest is history. We are probably running out of toes so I hope the new CEO is a straiter shooter.