RE:RE:RE:RE:Take overIf regulations are acceptable and can be worked with, there should be no reason for us to trade below 1000 per acre, when they pick up accreage in the US for billions (usd8-10k/acre). Yes - the political risk different, but come on. 1000 per acre should work, 3,3/share, still a steal.
if we apply QECs resource assesment NPV, its CAD 8000/acre. So... dont sell out to early boys.
its funny how managements of Altai, Petro, QEC, have issued new options schemes recently.saying that "Hey - its 20% above current share price". When they know its so undervalued anyway its ridiculous. In Altai the largest shareholder, 20%, can block any bid so an hostile takeover is impossible. And I even dont believe it would happen. Selling out as minrorty partners is the likely event after an official resource assesment.