I am still confident this first round was to clean out the directors and the 2nd round will be intended to clean up us stubborn long termers.
Maybe even a 3rd and 4th round for those dumb enough to hold out.
I'll just sit and wait, really, after 5+ years of waiting what difference does it make now?
They really want 100% in order to be able to easily on-sell the resource to someone else. There is nothing else to be gained from this takeover, other then 100% of the company.
They already had controlling stake and removed the old board.
This whole charade is about gaining 100% of the company, for as cheap as possible.
BRM Price at posting:
$2.27 Sentiment: None Disclosure: Held
