RE:RE:RE:BRW in BUYOUT discussions - $ 2.50 to $ 4.00/share??The article was a buyout of BRW neighbour which is right next to us.
I have stated that the MAJORS are circling the waters (James Bay area) and are hunting for deals with lithium companies, one of them was Rio Tinto.
BRW used to be very open with their news flow and suddenly they went into LOCKDOWN.
I had concluded that some majors may have knocked on the BRW door and that non-disclosure forms were signed, preventing news from being released without approval from the majors. This is done not to affect the stock price.
I have seen this action before, I was invested in Poda stock and they did the same thing, they were open with news, then lockdown and no news for a long time and, then annoucement of BUYOUT.
Hopefully BRW is smart enough to negotitate a substanital premium to where the stock is presently trading.
Good Luck,