Very good analysis. There is only one reason and one reason only...

Very good analysis.

There is only one reason and one reason only why this was an asset sale and not a company sale.....management wants to keep their jobs which wouldn't happen if the entire company was sold. Much easier to take a big salary and give yourself millions of options with $100 million in the bank. Of course this is done to the detriment of existing shareholders but since when does a management team think of the shareholders over themselves.

My guess is it won't matter. Within a month, Nevsun will make a hostile bid for $.35/share and take over their offices so management will lose in the end.

stateside