What are your thoughts and WHY?
I'd have to say we won't see things budge. International buying seems to have dropped off a bit, markets are relatively stagnant and the big boys in North America are cash poor. The chances of a 100% buyout are slim in my mind.
Anyone have an opinion as to why ISM never got a hostile offer from the Chinese? They could step in with a $ 2.00 offer and walk away with a controlling interest. Why aren't they? Are we over valued? Is there something that we don't know about that the Chinese do? like come on..
There is always a chance that we will increase materially in price. Perhaps our IR is actually doing a good job behind the scenes & promoting. Who knows. Id like to think so, but based on the volume and trend, I would have to think otherwise.
Let me know what you think. If we come to market with >36mm tonnes what do you think will happen. Please try and support it with comparable scoping / resource calc(s) in the market