Originally Posted by
Vaygor1
On further reflection, how could the board possibly recommend anything other than to reject the offer?
In total honesty, I am happy to lose every cent in the event all of NZO's current exploration activities turn out to be complete fizzers because I strongly believe that will not be the case.
As such, even if today's price was $10 a share I believe I would hold. The Ironbark prospect is too compelling (and exciting) for me to consider selling, as is Barque in the medium-to-long term.
I'd also be throwing away the enormous amount of time and effort spent analysing this over the years.
I am staggered at the Board's recommendation to accept.