RE:RE:New targets: Eight Capital C$5.00, RBC C$5.00Reaper: Not sure if you're right about Lundin but I consider the company mentality Swedish (including, not want Bisha for country perception issues). And I have seen other Swedish companies that make up their mind what something is worth, which is usually below market value, but stick with it, even if it means losing the deal. That could also happen here. (And NSU outnegotiated them for Timok by acquiring Reservoir.)
But, the quality of the ore deposit, combined with the blue sky potential in the LZ and nearby the UZ, value should eventually be realized. Only one caveat: Unless people are stupid and want to run for the exits with a low takeout bid. But also find it hard to believe that FCX won't eventually step into the ring. No real urgency to do so to date.
But, first things first, we need the LZ resource released.