SP seems low regardlessAQM sold 20% of their take for $22 mil and this was before the NI43-101 and the PEA update.
At minimum AQM's interest in Zafranal is $33 mil (and that's a low ball figure). Even with the PP
the NAV on AQM is bottom line $0.25. Maybe, Teck or Mitsubishi will take them out at a cheap price. We'll problably find out in the next 3-4 weeks.