RE: Pellet prices7 Sep 2018 13:23
Simon, I agree re a Glen buyout .
My question is how hardball will our BoD be with Glen?
Will they fight our corner to realise true value for us or accept a lower offer and look to feather their own nests with some sideshow Gentlemens agreements with Glen at a later date.
I may be wrong but my money would be for them to favour Glen in any deal.
If however our BOD are working on Investor presentations and NPV figures then maybe they intend to keep any Glen bid as honest as possible (assuming they are not working in collusion).
Call me cynical but when so much is at stake and at potentially life-changing sums of money for many small investors, I trust no-one, especially an AIM listed BoD.
I hope and pray I am proven wrong as ZIOC is one of those once in a lifetime opportunities for us.
GLA