The acquisition of the valuable Finnish plant ;buildings as well as all infrastucture and further leases at the give away price of 4.7 M Euros plus some refurbishment of about 6 M Euros is a king hit and results in a formidable nett asset backing per share into the stratosphere. The lead time for project start is also now faster . The new project sensitivites will be very positive with increased copper,gold,cobalt and nickel prices ... Does this have an effect on the current merger ... should mean more Universal shares per VCN share in the deal .
VCN Price at posting:
13.0¢ Sentiment: LT Buy Disclosure: Held
