RE:RE:Support the merger, the only rational choiceI'm gonna waste my vote and be happy to do it! ( checked my mail yesterday and I haven't gotten the voting form yet)
I dunno much about Manson or others on the management board, my rejection is just based on valuation of the deal into CXB. I'm not against CXB, but we are going to be about 50% of the production profile based on the plan currently, for a few years.
I do think it was a case of not really fitting location wise with other sizable companies, thus the interest market didn't seem to be there. I don't think going it alone was going to be a good/safe choice either for us investors. if things went to plan, which it has so far, good upside on value and theoretically shareprice, but I question how long and how we would get returns on investment outside of trading, but any negative issues or disruption of production, the fall off would have been very steep.
We have discussed it several times, the structure of the deal with CXB was that it killed interest that might have been in other market players, They would be better served eating CXB than making an ill fated, competitive bid...