FQM valued 50% of the company at 1.5 bn pre DEIS,

FQM valued 50% of the company at 1.5 bn pre DEIS, pre Veto lift, pre Dunleavy. They put the company valuation at $3bn or equal to approx $8 per share now. With the derisking it’s safe to assume another 500 ml to 1bn as the veto was a significant risk. Such a valuation would suggest a buyout in the range of $10-12 usd. This is an explorer not a developer or producer, although they are at the “developer comp” stage below. Explorers with “real deposits” always sell to producers its how the industry works. Short at your own death wish. Now is the time for people who want to be patient for a year learn how to become wealthy from smart risks.