Merger proposalSo our focused 14 million share ($0.72 per share) SZM with its valuable ready to go project is going to merge with 116 million share ($0.11) FNC where the insiders are awarding themselves million of options to further dilute the company. And this is good news?
SZM shareholders need to challenge the existing Board and Management team that if this is the best you can come up with on behalf of your shareholders, you do not deserve to continue in your fiduciary roles, IMHO.
What a waste of an opportunity, and a concrete manifistation of corporate governance incompetence.