BSG bolnisi gold nl

"So the directors get the premium?They get the gold mine we get...

  1. 2,086 Posts.
    "So the directors get the premium?
    They get the gold mine we get the shaft. LOL"



    Yep...that's how it normally works.

    I wonder how much RPT would have been worth to shareholders today had the directors not sold out for their thirty pieces of silver....interestingly, the majority of RPT's board were offered positions with MegaUranium.

    But at least for RPT's holders, Mega's sovereign risk was negligible, and it's shareprice in a clear uptrend which has continued to this day.

    In saying all this, Siamese is right....there is still some time before anything is set in stone with BSG and this deal, so perhaps holders shouldn't be too quick to make decisions....not sure what the clauses in the deal with the Directors pertain to, but I think it would be safe to say that at the very least 20% of the company is gone, and effectively giving Coeur a blocking stake from other predators.



 
watchlist Created with Sketch. Add BSG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.