I wouldn't accept a takeover offer from TCL this early on into the project unless it was well on the way to the $2.00 mark where the stock has been.
CEU as a stand alone company has far more potential in its share price growth over the next few years compared to it being rolled into TCL's operations at this early stage and investors receiving cash and script.
There are so many things about this project that need to be remembered when truly valuing it so once the market starts pricing stocks correctly based on fundamentals this stock will move higher quite nicely as it did last year.
Imagine the cost of trying to build this road now. This is a very valuable asset with huge revenue potential over not only the next few years but the next 30 years.
"Patient investors are often rewarded."
CEU Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
