RE:RE:BUYOUT TERMS (so that people understands how it is done)The whole buyout price was paid out in two installments as a dividend, one part was non-taxable as it was considered a capital return and, the other part (profit) was a taxable dividend.
The dividend was shared by the shareholders according to the number of shares owned, regardless whether it was common shares or preferred shares. Everyone was paid at the same rate for the shared owned.
We still got to keep all of shares in case the company wanted to start a new project.
The company I was in did not, but NILI could start another project. So you get full payout and, then get to keep all of your shares.
It is a great deal if done in this manner.
So say NILI sells Nevada for $500 million, then dividend will be $500 million so you collect your cut and then you keep your shares for say the nickel project in NILI.
Good Luck,