So far I have seen several valuations of what a possible buyout price could be and the methods used to come up with those .My question is how do you factor into a buyout price the vast amount of the property that remains undrilled .Surely Mr. Stewart has considered the possibility that there could be more than one Shaft Creek and that a buyout cannot be based solely on the present RE.
The assumption by the bashers at SH that this discovery is only worth $2-$3 and that is the most Teck would pay irks me.
I've stated that i would be happy with $4-$5a share but that's just me. I'm sure there are many here that have offered opinions of higher valuation.
So , for the more informed does Mr. Stewart put this on the table when negotiating with Teck and how much could this add to the value.