GREY:NEVDQ - Post by User
Post by
Notgnuon Sep 14, 2021 7:49pm
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Post# 33859531
NCU >>> If a buyer wants the whole project >>>
NCU >>> If a buyer wants the whole project >>>Look with both of your googly flounder eyes. If there were enough shares in the hands of disappointed shareholders that a buyer could make a low offer and expect a majority to tender then maybe they could steal this project, but Pala has control position and they are likely aligned with the other big holders so...
What's it worth? The NPV is about $3 billion. The replacement cost is about $1 billion. The EV is about $350 million. A buyer would need to convince Pala and friends and in all likelihood, despite the bumps and grinds of the last year, they would not take less than 75 cents and probably not less than $1.25 or even $1.50.
So what's it all worth? pffft fishes don't know and neither do gnu's it is up to buyer's and seller's. Pala's average is close to 50 cents and about (probably) to be lowered by a few pennies. Who knows? Not me but we will get news soon and on and on we go.
Flounders will bottom feed and Gnu's will graze... deal with it.
Cheers,
Notgnu