re: Ann: AEL's Increased 42 cent offer fo... "Please explain to...

re: Ann: AEL's Increased 42 cent offer fo... "Please explain to me what is the likely scenario if holders do not sell?"

If AWE get less than 90% they may negotiate with the remaining holders. If they get more than 90% they will takeover the remaining shares but the price must,by law, be at a fair market price at that time.

"That time" should be after more drilling results are forthcoming.

I'm holding out at this stage hoping that enough shareholders do the same to beat the 90% level. A quick calculation gives me a tax bill in excess of $150,000 if I accept this week.

I hope the directors are faced with a similar problem but I doubt they are.

I cant suggest a "likely" scenario. The events will bne governed by the greed of Goldigger Sucks.