RE:AAB and Lix more ....Help me out.
When did Aberdeen sell their 3 million shares? Please reference a document or other relevant information that I can read.
Where do you find information regarding the 3 million options at .01 as you state below? Again please reference a document or other relevant information that I can read.
ch1nmuzak wrote:
AAB still retains and owns in pertpetuity 1% of any future pretax revenues from the Lix property ins argentina. Post sale. The.terms of the takeover do not include any changes to pre-existing mineral revenue or streaming rights agreements. That's probably going to be far more valuable to them than the 6M shares in the truly long run. As i somewhat foggily said ... AAB have sold half of their 3M shares since the deal. This could Stan Barthi liking the deal, planning to vote yes, and just sellling 50% early to.protect against a NO vote. Or .. he might think its a low ball and could be planning to vote NO and is getting some $ out of his investment nownon the high in anticipation of a NO result and subsequent Lix SP dip that hurts AAB SP short term too. Impossible to tell for sure but I bet B ... because he's s Li bull and ... if holds out for a $3 offer he has another 3M options at .01 that trigger.for another 9M profit.