RE:RE:RE:RE:RE:For Those Who See Conspiracy Theories Around Every CornerHeywood, here are some "facts" you may not have considered:
There has been considerable dilution of SBB shares - at least partially the result of equity raises needed for the mine build:
559M total shares outstanding as of now.
How many shares outstanding was there way back when the share price was higher?
I bet a lot less.
Current Market Cap: over 1.2B
Similarly, what was the market cap back then when SBB share price was higher? Again, I bet a lot lower.
If you think that a current market cap of 1.2B is way too cheap for a company like SBB starting to build its first mine with no source of revenue until first pour in a location with a very harsh climate, you're delusional.
Like I said before, shareholders like you are asking for trouble with a "No" vote, but the largest shareholders with the most to gain/lose along with the analyses by ISS and GL will almost certainly save you from yourself by producing a "Yes" vote and closing the deal as is.
P.S. If you seriously think SBB would currently be trading well in excess of 2.00 per share if the BTO offer didn't exist and mitigated the risk of SBB getting into financial trouble as it proceeded with the mine build, you're kidding yourself IMO.