Sorry Almond heat,I went over the most of the company...

Sorry Almond heat,

I went over the most of the company announcements late last night and anything about a merger must have missed my eye.

However even like you say at minimum there is 1 billion shares to be issue for a 25% interest in the project still gives a market cap of $146million.

As you say though, the stock is suspended and the legal framework of the project is likely to be altered. Given that the stock is unable to be traded and nobody knows the details of the merger in the mean time there is little point in speculating on how favorable the merger is in favor of holders and any effective market cap.

I must say thought that comparison of similar stocks should continue as it is an effective form of determining what is overvalued/undervalued at the moment, and a way to make future share price predictions.


Regards,

Francoo the apologetic.