RE:RE:RE:RE:RE:A little respect today....potentail buyers can do the math and they are probably watching carefully -- but -- they will let mine and mill development continue and wait for the exploartion progarms to increase know reserves by 15%-20% b4 making an offer.
The key for a take-over is the reserves and KNT know this so they keep pouring $$ into exploration. Its all about minizing the investment risk for potentail buyers.
In terms of buyers - Free Port makes the most sense given it other operation on the island - BUT - KNT is probably 'rich enuff'' that there will be others willing to bid as well. e.g. a a gold EFT or income trust.
The price will be $10-$11/s simply because it will be cheap at that price -- IF - proven reserves significantly increase and -- it will likely happen reasonably quickly. The next disclosure of drill results - if again as impressive as the last --may well be the tigger for an offer.