RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:I remain bullishI agree with much of what you say Lumpy but in regards to Lundin I think there is always a risk being first to bid. So I won’t and don’t think I’ve overly trashed them in comments here.
The $4.75 is their first official bid...the rest frankly was just noise.
Just like most any of us when it comes to negotiating, we all probably have a max number in mind based on certain facts/parameters. I am betting Lundin has a number and it will become known if and/or when it is needed.
If Timok is as good as we all know it to be, then they need to have ammunition in reserve and to be seen as having increased their bid. If no other party puts in a bid then of course Lundin could possibly steal NSU for something much lower relative to what a multiple bid type situation would entail.
Additional drill success could cause all numbers to be revised further.
Even if NSU signs some strategic partnership, will it at all matter of a bid in the $7/8 range comes in?