GREY:ALXDF - Post by User
Comment by
RYUcanon Jul 25, 2018 2:37pm
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Post# 28366315
RE:RE:RE:Negotiations.
RE:RE:RE:Negotiations.
Doubtful that this offer will be revitalized. As it was speculated from PRB. I believe AEM actually shut this down by offering PRB a better offer. 50% of the bid offer for a JV that way less dilution for PRB and more land to grow resources. Although I speculate AEM requested commitment of PRB to raise cash for a large drill campaign in this new land package. Hence PRB raised a lot of funds for.... AEM supporting EO in the voting (if this is the case) would win either way. As AEM knows the board will sell for cheap. Big question would be the structure of the take over and JV, cash/shares?? JMO.