That is not correct Tibbs - the countries / companies you note are out there today sniffing around working with uranium sector boards socialising propositions. You will see more deals done this year and as Pepsiset has noted, the current structure is the primary reason or inhibitor for any deal getting done.
It's just greed and fanciful thinking for the 20% to be thinking / valuing their interest at what it was in the time of a uranium sector bubble... Based on fundamentals alone, to get BMN back anywhere near those prices, it quite possible would be years away if at all even possible.
If it had been tidied up today a deal would have already been done. The conflict of interests in this company / board are there for all to see, including interested parties.
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$3.30 |
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