WBE 0.00% 0.6¢ whitebark energy ltd

TSV-Montney 'friendly' takeover offer, page-4

  1. 3,719 Posts.
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    This is actually great news guys.
    Just to be clear, this does not relate to WBE, rather TSV Montney, which was hived off from TSV-proper (before becoming WBE).
    For those who hold shares in TSV Montney (an unlisted company) this means our assets are being acquired for a fair price (ironically valuing TSV Montney nearly twice what the market is valuing WBE) and we will hold shares in a listed company. This means our money is no longer trapped, and the assets have a chance at being developed by Calima. So there is also the option of holding on.
    This is an unexpected early Christmas present as far as I'm concerned as I was convinced TSV Montney was going to be sucked dry by paying wages and admin and I wouldn't see a cent back.
 
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