RE:RE:RE:RE:RE:RE:RE:Do you think Denison was really serious? Please!HOLD ON EVERYONE!!!!
The negociations between UEX and DML were subject to a NDA. So, unless someone has spilled the beans, UEC is bluffing.
"More than 38% of eligible UEX securities have already been tendered, as of this press release, with an overwhelming 93.7% voting in favour of the UEC transaction"
How do they have this information? Again I think this is a bluff. The more I ruminate on this, the more I smell a rat.
"The Revised UEC Offer expires at 7:00 p.m. (Vancouver time) on the date of this press release, coinciding with the termination of the right to match period under the Arrangement Agreement."
The 7:00PM Vancouver time deadline is simply restating the terms in the original offer... 5 business days after notification of a superior offer....
UEC is making a stink bid based on their guess. I suspect that Amir cannot face the wrath of his shareholders by diluting UEC shares by any more than 14.2%.
I simply do not believe that the DML offer is less than CA$0.49....
All that this means is that as of 7PM this evening (here in Beautiful Britich Columbia), the original UEC deal is dead. We will in good time learn the terms of the DML offer. Nothing stops Amir... ahem, UEC....from making another superior offer. It just would not be a simple amendment to the their original offer.
Where is Stockrook??????
Let's all pour a gin and tonic, relax and wait for the REAL news to emerge....