RE:RE:RE:Here are some recent Integra Gold Corp. analyst reportsPMInvest,
By Aug/Sept with all the wts exercised (some 430M shares) and an SP of $0.70 (assumed for the sake of doing some math) the Cap would be in the range of $300M. A premium of ~40% would require an offer of $400-450M, or roughly $500M to get some kind of a reception from the BoD/Management.
It would be best for ELD to un-Greek itself, sell what's there for ~$500M (and save $1B additional expenditure to get that mine operational. It's time to get back home.
GH