Westcott
Couldn't agree more - this is more about what should of been disclosed and not so much the takeover offer.
One will never know I guess had the board kept us shareholders in the loop. One would suggest a lot higher than 90C.
Seawolf one of your posts
"Well - having waded through this string I think a few of your should consider the alternative to a takeover. If UMC finds a away to get their ore to market then run the numbers- $2.00 will look absurd if they can cut a deal with ???? FMG/BHP/Rio? Start the number crunching with US$60/tonne and go from there - a take out at $2.00 will look silly - so maybe dirty hands will prove to be the order of the day in the end - it just takes time, patience and nerves - and that is what we pay the directors to achieve for us ...."
Deal with the chinese at 1.35, sell to BHP for $1.30.
Yep makes sense!
To me looks like directors been wearing gloves the last year to protect there hands from damaging all the silver they have had on order.
Most shareholders were willing to stick around to see Railway mined.
Cheers
Westcott Couldn't agree more - this is more about what should of...
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