Dear Bobwins,
(Excuse me for my bad English)
I follow this company two years now and it’s such a shame to see such nice assets to be ruined by management planning and management decisions. I have a stake of shares of first uranium with an average price of 0.3. The current deal with anglo and gold one, if the vote is “yes”, would leave me with some profit IF management is honest with the rest value of the sale to be given to the shareholders (0.11). The main problem is that in these two years when management changed and CEO DEON took the lead of FIU, there has been NOT ONE honest act towards shareholders. I’m 100% sure that if the vote is “yes” on the 13th , we, shareholders, will get some bad news that management have been “wasting” money and we will only get 0.22 CAD(+-) . The current price of FUI.TO is surely not undervalued with this current deal. You can already guess that my vote to the current deal is a NO and I already know that one deal will be voted down (99%). I don’t have the inside to know if the anglo deal will be voted down but if I look at some Canadian forums we will get this deal also voted down. Russian investors, like me, want a fair value for the company. I advise you not to buy if you think you will get a 50% in 4 days. I can advise you to buy now, or at a discount after the vote, one problem, you will have to be quick because Waterpan will eventually place THE higher bid!
(ps: The 85% increase of yesterday is only speculation; managment wants to give the deal a better view thanks to currency fluctuation)
This has nothing to do with personal advice and only contains some future information you could need or could not need for lucrative investments.
Best regards,
RI
