independant expert

"The Flinders Board will commission an Independent
Expert to opine on whether the Scheme is in the best
interests of shareholders. The Independent Expert’s
report will be provided to Flinders’ shareholders as part
of the Scheme Booklet. The Independent Expert will
determine whether, in its opinion, the Offer is in the best
interests of shareholders."

Are there any chances that this report will indicate that the true value of FMS should be at least double the current offer or is that wishful thinking?! For FMS to be sold off for less than $1 per inground tonne of IO leaves a pretty Sh!t taste in my mouth to be honest.

These directors commission their independant mates to do these things anyway, but is any consideration given by these clowns to FMS taking the project to production themselves as being in better interest of SH, or is it too easy to hide behind "the project risk" and difficulties obtaining finance that would be present should they venture down that path.

Eitherway, come on down RIO, or FMG and give us at least 50c. Alternatively, make a dummie bid to make the Russians pay more! That will make me happy.

Cheers
Spek