takeover premium

Don't know where to post this but at least I think it is relevant to MAK. At what price would you accept a takeover offer for MAK? It is a strong possibility after a feasibility study is released. RIO will be an obvious potential suitor:

http://www.resourceinvestor.com/pebble.asp?relid=40797
"AusCo, BrazCo, RussCo, AfriCo: M&As Are Set to Continue

By Jackie Steinitz
27 Feb 2008 at 02:47 PM GMT-05:00

LONDON (ResourceInvestor.com) -- The increasing importance of M&A activity in the mining sector has been a recurrent theme at recent resources conferences around the world.
....
Meanwhile the majors will seek to take out anything of size including the mid-caps without a takeover shield, the small caps with world class projects and, of course, each other! Haughton foresees a world with just four super majors; an Australian major “AusCo” (comprising BHP and Rio), a Brazilian-based “BrazCo” (Vale and Xstrata), “RussCo” (perhaps Norilsk and others) and AfriCo (Anglo plus others)."