If there is a takeover the opportunity of a fair price is...

If there is a takeover the opportunity of a fair price is guaranteed for Li Ka shing and all large scale investors. Which is why so many long term holders in that category are remaining LTH. But the fact any bidder has to pay current holders a future 10% straight out royalty on revenue pre tax is a real bonus on any buyout.
I expect the bidders will arrive officially and announce once the federal government approvals come through. No project of this importance has been rejected in Canadian history. It mostly a review and rubber stamp. Then nexgen has actually achieved an definable value and the years of study in the data room by the dozens of interested parties will start their strategy.