What About This ScenarioHey Mates,
Here's something to consider....................
We know that HW, RIO and BHP are interested in GK. We own 49%, and ole DB 51%. To take them on in a legal battle should it be deemed they are intentionally stalling would be costly for MPV. However if a major miner of the caliber of the aforementioned, all of whom have enormous war chests, decides that MPV could be taken over with a friendly $7+ offer under current market conditions, they may well finally pull the trigger.
I realize an offer of this magnitude is not the greatest, but after 6 years I'd at least consider the offer, especially if it were by way of a share offer in order to avoid immediate capital gains effects, since I'm returning home to Vancouver in a couple of months after retirement.
Any thoughts?
Cheers,
Brit