RE:good point, I would think that price would be the minimum given the shortage situation worldwide for MG and silica. The prices of the finished material went up 5-7x recently. The last offer was in the $15-16 cdn range with a lot less shares outstanding. There has been a number of financings since that offer 4 years ago, so more dilution. My opinion, with the situation out there I think you could sell for substantially higher than the last offer. With permits in hand, production starting next summer (hopefully), and cash flow coming in from the recently announced LOI.