RE:RE:Weekend Musings/Price per share calc. I can understand your point and even relate to that. It can be exhausting to wake up every morning for the last year especially knowing uscg and the special committee are actively in place to secure a transaction and see nothing material change. That said maybe things are being held up simply because the buyer is trying to use the incoming tax increase to secure a better price and Lme is not budging. We will see what happens if the bill is passed and the buyer still has not committed, that's a big negotiating chip that the buyer will lose in terms of trying to create pressure on getting a sale. We have a large treasury and an excellent property to use to negotiate from a position of power.
Obviously a deal can't close before then but an announcement would allow people impacted to unload a certain amount of shares ahead of time and plan accordingly. I made the instant gratification post mostly because there do seem to be a lot of new accounts created in the last 6 months (I don't know who is a long term holder and who's new) griping about why we haven't received a buyout yet. Obviously if these are holders who came in prior to the $1+ run up and have held since then it's understandable for people to question what is taking so long. On the other hand when your invested in junior mining and waiting for a buyout you just need to trust the process as difficult and trying as that can be on ones patience.
back to your point, the 3-5 years was pre covid and we know that threw a wrench into a lot of plans. I do think the strategic alliances that started falling in place since 2019 are all created and put in place with the same goal that we have been working towards and hopefully realize soon.
I excited for the day we finally wake up to that PR. Until then I hope everyone can maintain patience and accumulate more!
-Lambo