TSXV:FCO.H - Post by User
Comment by
17Diggeron May 02, 2019 12:14am
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Post# 29698793
RE:RE:Hey Wynjoe
RE:RE:Hey WynjoeIf you look at the Jervois business model to date - you will see they will try to buy E-cobalt cheap - then sell most of it for cash to complete a mine someday and keep the rest for themselves.
E-cobalt shareholders will not enjoy this raid.
So I am saying VOTE NO to this smash and grab "merger" offer when even Canacord shows our share value at almost triple this paltry offer.
We have 137 million $ in paid for assets plus a rare cobalt mine in the offing.
What has Jervois got - two good mine ideas not ready to fly - and an offer hugely below our value?
It is a pretty simple decision: A US bird in the hand or perhaps two far more distant Jervois birds in the African and Australian bush with no cash for bird seed?
I am going to VOTE NO to the bird brain merger offer. It won't fly!
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