Take a look at AKG (disclosure I'm a long). This is a junior - soon to become mid-tier - miner that is selling for the cash on it's balance sheet. It has major proven reserves and the cash and credit to develop the same. To me it's a no-brainer.
Do not consider any cash offer under $15 per share (double the 12/31 book value). That seems appropriate for this company in this industry at this time. You have a fiduciary responsibility to consider only valid offers which are in the stockholders best interest. That should be the minimum, any additional considerations only add value.
That is the consensus estimate here on Yahoo Finance, I agree that all figures are very conservative This is a stock that belongs in double digits.
If you want to look at one with potential to hit it totally out of the park (and the cash to finish development) take a look at AKG. I believe it is the best value in the miners.
Wonder what offer will be this time around.
Of the combined mines? I guess it's a little early, but that will give an approximation of the profit potential of the entire enterprise. This stock has the potential to hit it completely out of the park, I don't even want to speculate what the potential PPS is here yet.
Maybe you didn't hear it.
Sales at Amzn will plummet like no one expects. Everyone is missing the fact that most online deals are only good because no one is paying sales tax. When shipping costs are factored in deals generally are not good at all.