Gold Micro ready to explode, page-488

You obviously are a yes voter and maybe hoping to scare off potential no voters. There is no risk of holding unlisted shares in this case. If the merger goes ahead it is all or nothing, 90% acceptance will mean no voters will also end up with EAR.

Yes may well be the way, to go but a smart shareholder would wait to see the offer documents before deciding either way.

Price of EAR falling away makes the offer less attractive to MKO holders. MKO has a plant with $100m replacement value, up and coming gold resource plus potential lease deal. What does EAR have? A small gold resource and no plant.

Sure the synergies may well add value to both camps but personally I believe MKO is currently worth more than the offer price in their own right and they will prosper either way.