RE:RE:RE:PEA update Zephyr wrote: SMlachake wrote: You just throw out a number and call others delusional. So what stops this at 6 and not 12? Is reality wrapped by the limits of your imagination or do you have some 10&20 year npv analysis to back your lowly call? Market control is a powerful incentive, sometimes more that the products net worth. PEA is just around the corner, let's wait for those numbers.
You are correct. $1 Billion buyout is not delusional. That's just under $10.50 CAD/share. Now, those calling for $70-$80+ per share on a bidding war, that's delusional. That's not a bidding war, that's bidding Armegeddon. There are even some calling for greater than those prices over on CEO.CA. This asset is not selling for $8-$10 Billion CAD, bidding war or not.
according to some winners over on ceo this company is worth more than all other salt companies combined. The amount of idiotic pumping over there is insane. All it does it set up any good news we get as not being enough because people get those stupid numbers in their heads.