Headed to 10 cents, page-134

a takeover, will have to pay a premium on the forward earnings. We know how large they can be.
100m for just a 100 MRX,,,,,what about 500 MRX/ MRI ?

its not just about what its worth for us as an earner, but what about what its worth to an industry to replace toxic Gadolinium with the best in class precision NP, without having to invest 15 years to figure out how to do it ?

We can always vote no to a takeover. And that is why its a no, until they pay us, a decent multiple of the forward earnings curve. And my gut puts a dart on the board at 500m.