BMN 1.74% $2.26 bannerman energy ltd

corporate activity scenarios, page-20

  1. 7,464 Posts.
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    I have to go to work, but I would welcome with loving arms, just one post that you could cut and paste for me where I have ever said anything untoward, anything negative about bmn.

    I am sure you guys shall be rewarded heavily. You know that I have always supported you all, but what I am trying to say is Tibbs is totally incorrect in stating that RIO pulling out of the deal will make EXT tumble.

    Number one

    RIO is NOT in a deal with EXT. get it NOT but, they hold over 15% of the company of which the majority they purchased at $1.20. Should a new buyer come in and buy out EXT, Rio Tinto will make many many dollars out of the deal, because ext are currently at $4.85, but the deal will probably be more close to $7.00. Do you hear that.

    That will make RIO a tidy sum of cash dont you think

    Then RIO tinto will enter into a JV arrangement with who ever is running EXT, be it Cameco, the chinese, the russians

    Dont you worry about RIO, they are in a much better situation than some people realise. EXT, she is a win/win situation.

    The share price is not $4.85ish for no reason.
 
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