RE:Take over price the reality $100, ps pumpers gonna pumpAnother way to look at this is that Scott said that Rovina will yield around $50-60M in annual cash flow, Yamana just sold a mine cash flowing ~$200M annually for around $1B dollars (plus a 2% NSR).
So one might argue that ESM/Rovina could be worth 1/4 to 1/3 of the Yamana mine.
That would mean $250M to $350M (just quick and dirty math).
That would be 5x or 6x today's price. I think this is quite realistic assuming ESM does not want to own and operate the mine, but might develop and sell it.
So, $3 to $4 USD.
You can crunch the numbers many different ways, but I think this is not unreasonable.