Stupid cheapJohn Doody knows what he is talking about. This is worth $4B at current metal prices.
Not only that, but the $4B valuation gives no credit to:
1) The fact that we have not yet found the edges of this beastly deposit.
2) The Central deposit. They hinted in the conference call that they are working with South32 (world manganese experts) to incorporate value for Central into the FS.
3) The property! This will end up being possibly the best mining camp in the world.. yes, the world. And probably the second best silver camp in the world, second only to Fresnillo. Don Taylor hints at this in a recent BNN interview from this week.
My $6 takeout prediction for 2017 was wrong. That doesn't mean that $6 wasn't offered and Warke told them to go F themselves. This will not go for less than $10 and I wouldn't be surprised if they get greedy and put up a 'NOT FOR SALE' sign. These guys are world class miners with a once in a generation project and they know it.