RE: How long would an asset sale take realistically26 Feb 2025 23:16
It is my feeling that 40P was never acceptable to the BoD. I am inclined to think that, having held out this long, they will be in no hurry to sell if the offers are still only in that range. I would take anyone 's hand off for 40P because it would be a fantastic, quite unreal result for me. Yes, of course I would vote for it like everybody else! CS wants value, thinks he can get value - will he change his mind and hand it all on a plate to Potanin or whoever?
If there really is $100B + reserves and resources, with future metal prices in mind and with a DFS in place for some of it, I feel he will demand more than 50P. Basically, he didn't sell it for 40-50P. Is he going to now?