Correct as update NPV could be near $2 billion and numbers are also all conservative, anyone wanting to take us out needs to pay a premium. Marc also mentioned as the project is de risked it can increase the % of NPV we trade at so getting up towards 50% as a trading value in coming year seem feasible then add your premium. Perhaps expecting someone to jump at us very soon as I put it is optimistic or more to the point pay the price we would want. BUT suitors would be silly not to come at us now whule we are deeply undervalued.
AAR Price at posting:
15.5¢ Sentiment: Buy Disclosure: Held
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