greywoulf
i would like to see greywoulf showing to sgi shareholders cyl financial and henty mine actual situation for the reason to vote no. .henty at 5-6 millions quarter production with fixed cost cannot be very profitable in my opinion.merger ratio is a fire sale. i suppose many sgi shareholders traded in cdnx exchange with free commission .what about the cost with an australian exchange with cyl for sgi shareholders. at the end of the day how many shares cyl will be outstanding with van + sgi + cyl .asx mining shares often have billion shares issued and trade like penny stock. sgi is a penny stock now as jordaan and al put sgi in this situation. we don t have any upside with this deal ..no for me i don t trust cyl as we don t know henty mine profile .at worst sgi vote no out jordaan marion consolidate 3 for 1 and pay your debt , produce and drill. always no for me