Question to myself - Inviting feedback/clarificatiGenerally speaking, should TECK decide to back in with the 75% option, there'll be a cash injection of somewhere around $200M (more than likely higher because it's actually equal to 4x what the existing company has invested at the time of TECK exercising the option, so whatever that ends up being). Good enough.
Question 1: What's left to negotiate at that point? Could the share price just not simply sit at whatever the market price is at the point at which TECK decides to 'back in' on their option?
Question 2: IF the above is correct, are the projections that are coming in -- which are greatly appreciated to all those who are willing to take a stab at the 'real' "value" of CUU -- ONLY relevant IF and only IF TECK decides to buy out the remaining stake of CUU?
I just want to make sure that I understand WHY there is speculation on this board that the share price will somehow soon be worth anywhere from $1.50 or, I think I've seen some value estimates as high as, $10.00/share.
Thanks in advance everyone. (Accumulating)