They dont need to revise their offer because we at base are directly benefiting from the rise of UUUU.
yes we are at a discount because of all the unknowns.
but if Energy Fuels hits $10 we get 26c usd per base share plus a 6.5c aud dividend.
so that puts base at 40c aud plus 6.5c div = $0.465 for our base shares.
unlikely but possible with the uranium legislation just passed in the USA.
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- Ann: Presentation - Energy Fuels and Base Resources Combination
Ann: Presentation - Energy Fuels and Base Resources Combination, page-93
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