First Uranium Corporation T.FIU

Olma Proposal

[dubsbs]

Well the week-end has come and gone and no word of Olma's per-say proposal. Did it transpire? Is FIU egnoring it? Is Mgnt reviewing it with GO and Anglo before commenting publicly? Or will this this be kept secret from shreholders until after the vote? Or will mgnt flat out refuse it without any regard for shre holders. Another chance for mgnt to dig their hole deeper !!!!!!!!

[lefmike1]

Nick Betsky said  during the initial announcement last week that they will not be negotiating through the press, so I assume that if the offer was submitted that it's with FIU  ( AGA, GO, FN) management to review.  Would it then be made public?  I highly doubt it,  if it does go public I'm sure it will be from the one making the offer. But you never know.... &

[dubsbs]

If olma put in a proposal would it not have to be put to common shareholders for a vote ?????

[lefmike1]

Only if Management were to accept it I think.............. Otherwise they simply ignore it like they did the rest.............  

[Hourglass11]

From Olma's perspective if they go public with a new proposal, it will help solidify the "NO" vote for those people that have yet to cast their votes. That would be a really good thing for us, and it would also bring more heat to the BOD of FIU. Let's hope this new offer is made soon so we can all watch Deon squirm.   Hourglass11

[uranicynic]

Past duplicity by FIU management makes it necessary to negotiate in public. They will blow off any discreet offer without even a news release if they can get away with it. I believe the reason they've opted for the asset sales is they would have no reason to try and make a go of the company. Face it, they never had to sell both sides of the company. Ethical, intelligent management would have