Thanks for the reply. I also agree that any BO is going to execute on a pps several multiples higher than where we are now. Say $70 minimum, for the sake of argument only. I do think this opportunity is worth more than 100% premium on $35, but again for the sake of argument only, we need to be within a few dollars of $35 to open up that "offer window", so to speak.
The question then becomes, what gets us to 35, and it's probably a combination of those catalysts and others we haven't thought of. One way or another it's going to be (even more of) an adventure so hang on tight!
GLTA