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Message: Takeover Talk - Fair Value?

If such a takeout occurred, the questions is - what is fair value for our company now? What premium would we get for our shares? This is tricky since our share value now vs 1 year from now will have changed substantially. If Century were not poised for such a leap in production you might expect 35-40% (85 cent share price). However, I think it should be worth a lot more than this if we hit 100,000oz total production this year. I think the share price should be closer to 2 bucks with a premium at $2.5. So, under such a takeover bid scenario in the next 6 months what are we valued at?

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