I've said for a long time that it would be hard for Teck to buy us out at a high price without significantly enhancing the current valuation.
The data we are waitng for (to be released this Q) followed by updated RE/PEA/PFS would significantly enhance current SC valuation
Teck knows that if they do that others might want our 25% plus more.
TECK is protected by ROFO from any potential bidding wars; if Copper Fox makes a fair value offer to TECK for our 25% SC and TECK accepts it, then no other company can make a higher bid.
Does Teck keep stalling trying to starve us into a lowball offer?
Not going to work with a billionaire owning about 65% of the shares
My only take is that CF will get screwed one way or the other.
That explains you not owning a significant amount of shares :) even though your take is completely wrong, imo :)
I cannot conceive of ES getting fair value for a project potentially worth $3-4 billion.
There are already several big $$$ shareholders that beg to differ and can indeed concieve that :)
Just pathetic.
Your negative bias towards copper fox comes thru loud and clear :)