Sunday, October 04, 2015 6:02:37 PM
Beth they have two years to buy the stock up at/in the public market. Why would they make a tender offer NOW that is a multiple of the market price? They can be patient and they can buy slowly so as to minimize the price increase caused by their purchases and tender for the remaining outstanding shares down the road.
Effectively they have control of the mineral deposits now and for two more years.
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