RE:What the meeting was about! Most important comment missed Agreed, seems like people love harping on only the negative views they have about LME instead of discussing actual important news. As has been said so many times, if you aren't happy with the stock, sell it. No use wasting your time and energy in something you no longer believe in. There are clearly buyers out there who are interested in purchasing more shares at this price.
I think it is possible they met about other things (e.g.: discussion about the rapidly changing gold price and how this affects LME). BUT I'm inclined to agree and definitely plausible that they were discussing an offer (or potentially multiple offers and how to leverage them for a higher price) that is reflective of the current value of LME.
I wonder if companies are trying to get in before prices balloon too far. Would be great to see $350/oz or more offered given how gold prices could reach $3000 in the next few months. I imagine if that's the case and companies do believe there are 10M GEOs+ on the property, offers right now could be in the 3.5B-4B range. That would surely take a hell of a lot of time, paperwork, and legal detailing that would very much need to be vetted with a fine tooth comb. If I were to speculate even further, as we saw with Osino Resources, LME could already be as far as an exclusivity period with a company. Given how large the all-cash buyout would be, I would think the legal details would take a longer time than Osino's, though.
2024 should be a very interesting and hopefully very exciting year for LME!