RE:RE:RE:Quickany takeover in June is going to be well below all our predictions....that much is for sure...unless a drastic turn in metal prices (Cu + Au).
When our market cap is at $230M usd....the most likely outcome between now and June would be Rio coming out publicly that they've offered a 50% market premium (let's call it $350M usd -- or $2.25 usd/share) and board rejects it.
The same kind of thing that we saw with Rio/TRQ and that we are seeing with Newmont/Newcrest and the same thing with Victoria Gold/ATAC. At least with ATAC someone else jumped in to bump it up another 15% from the Victoria Gold.
Who knows --- if Rio offers $2.25 usd/share and no one else steps up...then it is what it is...and it should be up to shareholders to decide!