RE:RE:RE:RE:RE:Detailed reading of junk from NSU-clearly indicates ----OMG Demon...give it a rest already.
As you well know, Lundin most certainly will up its bid. No one goes into these things at their max price. Lundin has a max price and whether or not that gets triggered will depend what else transpires or not and there are months possibly still to pass.
Keep enjoying the popcorn because this has yet to fully play out.
The metals lull only makes NSU a better target as an acquirier will arguably get a break on the cost to purchase NSU regardless of the outlook for copper etc...thus, arguably less likely to overpay.
Demon11 wrote: yes you are correct -- TIMOCK is a great prospect but that means nothing at this point -- There offer is $4.75 /s for better or worse and the LUNatics are likely to succeed in acquiring the company if 152,200, 000 shares are tendered - there is little NSU can do to stop this without severley damaging the existing s/h's.
the SPR could be triggered - maybe that would help NSU S/H's but I think LUN will challenge the SPR plan in court as being unenforceable - and I think they have a case