shandong gold links, page-13

the 51% is an intersting number. it may or may not have been a requirement of shandong.

a supportive 51% guarentees certainty for the board.

we all heard how dissapointed they were after the vote at last years agm

51% guarentees that regardless of any agm vote forcing a spill, the board is instantly re elected.

as for the deal itself

If you look at FML from a company perspective, it is a no brainer. FML gets amassive boost of capital and gets to do all the things it wants to do, and in a hurry.

Whats in it for current holders?

not sure, will it give me a greater return now that i only have an interest in 49% of the assets?

Are the board saying they could not have delivered a return without this massive influx, or are they saying we will get more now?

To many questions still

I dont want to see a report that says "fair and reasonable offer" I want to see the modelling that says "under this new scenario, this is why you will be better off"

If the cant show that then the deal is not for me