Post by
crow27 on Oct 16, 2019 11:01am
Brookfield
really did jump the gun with accepting this offer. The hope is that it just keeps looking more low ball each and everyday that Pd keeps going up.
Pd running away like it is might just bring another suitor into the mix. The world is changing and you just might not need to be a PGM miner to buy this company.
A gold miner might just take a stab at this under valued company. The mine is stand alone and in the grand scheme of things it is not that complicated and not that expensive.
We have all seen miners throw gobs of money into projects that never ever make them a dollar and they end up just shutting it down, I'm talking billions of wasted dollars. Here you have a mine that is making you money the day you buy it???
Maybe KL throws in a offer, they sure know Northern Ontario very well.
Comment by
TG1960 on Oct 16, 2019 11:30am
Brookfield just started the process...there will be higher bids including from Implats mes thinks.
Comment by
mouserman on Oct 16, 2019 9:04pm
Implats wont make a higher bid unless a competing bid appears. They already have a clause saying they have the right to match any offer.
Comment by
TG1960 on Oct 17, 2019 11:18am
Yes I know, which is why their offer will go up:)
Comment by
Consvestor on Oct 16, 2019 11:44pm
PD will almost certainly break $2000. It just boggles my mind that Brookfield screwed us over like this!