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Re: When's the next NR? - Keeping cash from spin-offs
Based on current SP the 60 Mio offer would correspond to 1 Dollar per share. Due to the fact that there is cero value for BC currently this offer would be a premium of 100 %, not bad,isn't it?
On the other hand there was a reason Probe declined the offer.There is no doubt that Clfs needs BC. Now we are a couple of years later and getting closer to production. Time is getting shorter which gives Probe a better negotiating position.
