RE:RE:Chance of buy out?So what kind of value do we get for Platreef?
$6 billion CAD or $5/share seems kind of low for a project that will produce precious metals on the cheap for the remainder of this century.
If that is valid then the current share price barely covers Platreef and ascribes no value to the other projects.
We're talking $4.5 billion USD for $250 billion USD in the ground = %2 of in situ.
Too bad we couldn't drill some more mineralization to demonstrate rediculous exploration upside. Likely a lot more than $250 billion worth there. I guess in a spinout we still have a shot at that. It'd be crazy seeing Platreef trade independently and how the market would value it.
Over $30 billion USD in Rh alone at $10K/oz. I suspect the market wouldn't figure it out for the longest time.
C'mon RF scale the heights, show the world what you've learned after almost 50 years in the game, make the Platreef deal among the finest achievements of your legacy and deliver a lucrative windfall for shareholders.
Drksideofmoon wrote: At the moment:
Most likely-
Platreef becomes a spinoff with some financing deal.
Someone can, if they want, try to buy it out or buy a controlling interest.
It would be a pricey deal, much of the property has not been drilled yet. What has been is fantastic.
Kapushi may be sold off when a good deal comes along. Although the ROI is good, it does not compare to Platreef or K&K.
K&K would have to command a hefty price. I would not expect a buyout here, but who knows.
Western Forelands - An interested party may pay a high premium to partner up. If you feel the same as companies like Tesla that a copper shortage is looming on the horizon. You know there are not many options currently for securing a long term supply.
Any current competition can run the numbers and see they can't compete wirh Ivanhoe. Do they try to partner or make a deal to survive.
Least likely:
Any deal for all if Ivanhoe together.
Highly likely -
K&K goes to production earlier than scheduled.
Platreef - At this time I'm guessing spinoff before production. They already have a stockpile of material from just digging the hole. The possibilities of what else they may find there if they started drilling again are staggering.