QUEST RARE MINERALS LTD V.QRM

Primary Symbol: QRMLF

Metals & Mining Industrial Metals & Minerals

Quest Rare Minerals Ltd is a Canadian exploration company developing Strange Lake rare earth deposit in northeastern Quebec, Canada. The Strange Lake REE deposit contains quantities of all the rare earth metals used in permanent magnets. The company is to become a supplier of rare earth oxides for the permanent magnet industry to be used in variety of industrial and consumer applications including wind turbines, automobiles, consumer electronics and medical equipment. Its project portfolio includes Strange Lake Rare Earth project, and Strange Lake Preliminary Economic Assessment.

EXPM:QRMLF - Post by User

QUEST RARE MINERALS LTD

Bullboard Posts

Comment by RTOon Mar 31, 2017 4:13pm

197 Views

Post# 26060491

RE:RE:RE:RE:Implied Market Value

At HaroldCanada, great question! That depends on if there are competing unsolicited bidders and the results of a mandatory formal independent valuation process. The shareholders would then vote on a final amount.
IMO, considering that the "Mystery" investor is willing to commit up to 89,5$ million for a certain percentage of the pie, why not just but the whole pie for that amount? There are 95 million shares outstanding, so .95 cents would be a great starting point.
The point I have been trying to make is that a JV partner announcement could bring many more times the buyout price because now your real value is based on an implied market valuation. JV = $$$

Bullboard Posts

Cannara reports record growth and profitability in Q4 2023