Aston Bay Holdings Ltd V.BAY

Think of the Synergies @ AWM & BAY

[traps7]

IMO, taking the long position, i see a merger benefiting shareholders on both Continents.

AWM, having to raise BAY"s 20% plus the carring cost is likly a 30 % handicap to AWM financial raises.

AWM , owning 80 % of Storm minus BAY"s 30% handicap ..

          . 100 % in control of all operations

          . $ 40 Million MK

BAY,  owning 20% of Storm 

      .  no cost upto Bankable PS

      .  owns 2 % Royalty

      . owns a TSX exc Listing..

      . $ 20 Million MK

AWM / BAY..

PS,.it was thought the BAY sym, connection to BAY,ST. would help investors remember the Company ..merging to-gether and having a TSx listing in Canada keeping the same sym or thinking BAW being available. BA being BAY & AW being AWM. 

BAW, with a Canadian listing showing  400,000 tns 43-101 PFS. imo would see a better return than AWM just trading in Austraila owning 80 % and BAY only maintaing 20% might not see the true value..

IMO, a merger would see a instant 10 % lifted while now enjoying a multi Billion PFS with a TSX listing would allow BAW to raise Millions through the Canadian Flowthrough tax Casino'

BAW, being a Canadian mining company may not be subjected to any US Tarrifs while AWM may-be if keeping their Aussie Listing..

AWM-BAY, now BAW seeing a $ 60m MK with a combine 1 Billion share float should see a two to one consolidation which would leave BAW with a 500,000m trading float and a 4 $Billion PFS..

BAW , share holders would now realize the true value owning 100 % of the 140k block with a 43-101 showing a surface open-pit 20k from tide.

BAW, BAW, BAW

Let The Drills Be Our Friends

Traps7

[Patrick2Linton]

Sorry Traps, I dont want a merged company unless AW1 does a 200:1 reverse split. I predicted long ago that AW1 will have a billion shares outstanding by the time they get to a bankable FS. I would not be in favor of taking AW1 shares unless they restructure and until they complete a bankable feasibility.  BAY can go it alone and concentrate on Epworth to create parallel value. Gracias

[traps7]

Hey Patric, still starring out that new Bay Window.. Ha Terms,  to be work out, i highligted a couple advantages being a single owner of 400,000 tons PFS,..trading on 10 Canadian platforms. Trading also on OTC,. Patric,.IMO, there will be no BFS study done.  A  BFS, is a questionable document that only enforces the enginerring and logistics of the project in - order to satisfy