RE:just wonderingAre you asking if you would trust NSU management in future endeavours / businesses as an investor?
Assuming the buyout by Zijin goes through then NSU will cease to exist correct?
If you're asking about management, this latest total acceptance of the Zijin offer is a farce IMO as we stand to forego significant value from all angles...the upper zone, the lower zone, Bisha, and exploration potential.
They made a strong case against Lundin but then say okay to CAD $6 with sparsely a word?
I say dissent and dissent strongly.
They are selling us short, of that I am convinced and the reasoning is specious at best IMO. I refer to the conference call regarding the Zijin offer...it left me as a big nothing burger. Yes of course it's better than CAD $4.75 per share but it still undervalues NSU on the order of 25%++ or more in the here and now based on CURRENT information.
If the lower zone ends up being economic and/or highly economic then we will be foregoing a huge amount of value creation...double of what we're getting now.
If Zijin wanted to pay $6 then fine...you get the upper zone and Bisha thrown in for free.
BUT NO, we through in the lower zone for free as well? THIS IS A FARCE and I've come across NOTHING to make think differently.
continuity1 wrote: Has anyone given much thought to Nevsun after the keys have been turned over and the new owners move in? How much of the outcome was scripted in 2016? Would you or will you play with them again if the opportunity presents? Just wondering.