RE: Take Off vs Take Over31 Oct 2019 10:08
Markets, Good question - and the buy-out valuation would depend on a panoply of factors, many of which we would possess little nous on how to value, such as short- medium-term pricing trends of our manganese, future scalability and profitability of extraction, potential other projects that may augment manganese production (although, we might venture into those minerals on our own); in other words, many complex mining-specific variables that only the experts could decipher to calculate a buyout-sum.
As for what would fully turn my head to nod favourably at a buyout-price - well, two pence is to me what November is to you.