IBR iberian resources limited

green mail, page-129

  1. 257 Posts.
    What is "the truth", not what you might assume Hindsight. An article in the Australian is "the truth" - get yourself a copy of the top 50 IBR holders, six mths back will do, you might then reapraise the situation - I haven't seen all the big shareholders accept this p*ss weak 4:1 tmr offer.

    come end of the mth tmr will have give or take 70% , then the real game will start to warm up.

    As for minority shareholders being worried, wrong again mate, you certainly don't have hindsight vision here either.

    The long term IBR s/h have been committed for the long haul for ages, if the present market isn't putting a proper value on IBR resources, then the future market will. IBR s/h don't need a market to put a value on our resources . Had the IBR directors not sold out their loyal long term s/h and tmr had been prepared to pay due respect to the very people that backed and financed this company, we would not be in this situation today.

    If tmr don't pay a fair value to wrap up IBR then others may like to peg the ground for themselves - its a major dilemma for those who can't secure 90% and in this case can't possibly - end of storey.
 
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Currently unlisted public company.

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