RE:RE:A very conservative NAV valuation for CNC.Exactly what I was getting at Endzone. A realistic number would put us in the 20-30 range. I know people want to hear 50,60 and higher, and that is possible. But you would need the perfect scenario where the takeover would come when the economy is at its peak, the nickel price is flying high and you would need a strong bidding war between a couple of majors. Not saying it's impossible. But everything needs to line up perfectly. We also have to remember the acquirer inherits all the risk from the other properties. Continued drilling success, mining permit approvals etc. Etc. So yes we need to be realistic.
Let's worry about getting above $2 for now and we'll figure out the rest as we go. Lol. GLTA