Reply to Notabot1213....MY Opinion Only... Wow Notabot1213......A great Introduction!
I am of the opinion that an Offer/Buyout is on the near horizon. The question then becomes, who, and why?
Again IMHO, the primary reason is Consolidation. Who wants to consolidate? The one with claim to the largest PROVEN RESOURCES in the target area. The one with 100% ownership of the 'first to be developed' mine in the ROF: EN Nickle mine.
No worries the recent magnetotelluric survey announced by KWG, is at the behest of the one wanting consolidation: Wyloo (all IMO).
Some on this board very wrongly tout the extremely high value of the KWG Patent. Yet they refuse to identify ANY REASON to validate their unfounded pronouncements despite being asked to do so repeatedly. So based on information in the public domain; information well documented by Canmet; and information from the KWG website, the CURRENT VALUE of the patent for all intents and purposes is negligible.
What about the Staked Esker Route? The latest credible information I can find is this snippet from the Northern Ontario Business publication in 2016:
On Feb. 24, an Ontario appeals court upheld a divisional court ruling from last summer allowing other mine project developers to apply for an easement without requiring consent of the claim holder, KWG Resources.
We will only know any eventual outcome if and when access to the route is challenged, but my money would not ride on a favorable outcome for KWG.
So, we are left with Consolidation as the most likely and viable reason for Wyloo to make their pitch. Your 0.20-0.30 range is realistic IMO.
If another entity with deep enough pockets entered the fray, who knows where the price could go? I hope it is not BHP. Why?
Because, despite the hype about the "bidding war" for Noront, it was anything but. VB was a bidding war. Read the history. The Noront take-out IMO was collaboration, and we will never know what transpired behind closed doors with BHP/Wyloo. Now, mind you, many of us long time shareholders did quite well.....but should have dome a whole lot better.
Of course, all in IMHO.
Good Luck to you and everyone here.