My hope is, a sale is announced this year. Cash offer, complete buyout of all assets.
The Galore sale set a floor price for our valuation!
Hoping they are in discussions based off this radio silence. If nothing materializes, we are sure to be here another year with news of updating the economics and getting a new/revised feasibility study.
Another thing, if the company wanted a 500-800 million cheque as an example.....how do we get there based off the current market cap? I never seen a company do an immediate jump from 50 million to xxx million. The company has always claimed to shareholders we will not be acquired on a percentage premium to share price model.