RE:RE:RE:Fill in the datesAll fair enough, but for Greenstone time is money too, and we don't know what their particular opportunity costs might be for hanging on to obtain a higher ultimate value. I would be quite happy to be wrong, but the price looks to be held down and that usually means financing or buyout. There is operational risk as well- the model has to work, much like Florence.
If this all happened when mining was a sector more in favor, I suspect this would have been priced much higher. As it stands, this is an unloved sector and prices reflect it.