kidl2 you may be right but ... it's only a question of priceI was merely pointing out to those fantasizing that a minimum $500 Miilon offer would be required in order to succeed, that a lowball bid is much more likely and has real chances of success today that the company is still at an early stage.
If the bidders believe that Verde is going to be successful then they could easily pay even $1 Billion as it would still be 50% of the PFS and that would be the only way to protect their market.
Having said that they can still buy as much as they can at today's silly prices "for investment purpose" in order to average down a later bid.
One thing that you should bear in mind is that although Verde is listed in Canada, it is a UK registered company and one would have to look into the implications of that in the event of a takeover offer.