RE:RE:RE:RE:construction setback or some unknown delay????Chizzles, I totally agree on your price expectations. I wouldn't be pleased with a $1 offer to take private, I would see it as a negative outcome.
No chance a buyout offer of $1 would get approved by the larest shareholders; however, the risk I see is with just a few shareholders having such a significant ownership, if this group decided to keep the profits for themselves and go private it would be challenging to stop. I'm not sure on the rules of that sort of arrangement though, my guess is it would need to be approved by a majority of non-purchasing shareholders. If that is the case, $1 wouldn't get it approved.
As for what the offer would be for, typically, it is for either a mine or the company as a whole, so if it was for Sangdong, I would likely be for everything related to Sangdong, including the Moly and downstream, but could exclude their other mines.