Reading some posts over at SI about different senarios of a potential ZEN buyout. I would get into those conversations but alas, I am banned as a ZEN Basher (go figure). But here is my thoughts on this. I do firmly believe AE & Crew will not mine and are only saying & doing the things that point this way for window dressing. They want to sell this gem.
So I believe most of the potential companies that would be interested in owning ZEN have a dilemma. They know once the first bid is made, others will come out with bids not wanting to lose out on the resource.
Here is my question for the Board, at what price would ZEN accept under negotiations with a company that then they would say to the market, we are not taking other offers as we think this is a fair price for ZEN and we as Management/BOD/Insiders accept it? Or another way of looking at this, at what price would a company have to offer ZEN for them to say this?
