GREY:NEVDQ - Post by User
Post by
Terrebonneon Apr 08, 2015 6:43pm
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Post# 23610912
Takeover premium
Takeover premiumI see that Shell is paying 50% premium on takeover of British Gas. I figure 60% to 70% premium will be in order for NCU once NCU is at $3.00, mainly due to potential upside from further exploration post takeover. After Hudbay took over Norsemont, Hudbay continued to drill and doubled Constancia's reserves. My bottom line: NCU goes to $3.00 following release of Integrated Feasibility Study, and then gets taken over at $5.00, reflecting a 66% premium.