RE: RE: RE: Yukon-Nevada explores options For arguments sake, we could expect the bidder to pay an amount relative to the potential returns such a takeover could provide. The orphan ore in the region, which can only be processed by YNG's roaster, is thought to be worth a net $6 billion. The compliant resources of 6m oz may be worth (conservatively) $50/oz to YNG, but in the hands of a major producer $200-400/oz is not unusual, or $1.2 billion on the low end. Just based on this I can't see how it would be even approaching a fair deal for us to accept anything less than $2 bilion.
However I did get the impression that the sale comment referred to a part of the business (e.g. a Ketza spinoff) rather than the whole company. Didn't they introduce a "poison pill" to avoid a hostile takeover?