Hi allJust want to say that the merger must be fair and...

Hi all

Just want to say that the merger must be fair and equitable, As we all know that PLA has great assest but at the same time it seems PLA mangement is more inclined towards Jublee merger. My guess is that as jublee has openly declared that they are going to create a substantial mine, their share price is rocketing which leave PLA share price left in woods. I think when the news was out last year PLA shares should have come out of suspension so that even we as shareholders can enjoy the benefit of merger.

As I see it, if for e.g jublee SP was 9p at the time of announcement and PLA stuck at 6.7c the distribution should have been roughly 1 jublee share: 1.85 PLA share but as the jublee share is running wild now the distribution will be more like 1 JBL share to around 2.75 or 3.00 PLA shares and this is the very reason why distribution was never discussed in this whole process. It seems like lot of forces are colluding to create this merger in favour of JBL mines.

Probably leave it to destiny, as I do not see much hope of getting a fair deal.

Mast