Ann: Beer & Co. Research Report, page-12

Interested shareholders and potential investors should read TZMI MARKET UPDATE July 2017.
This forecasts a tightening of supply in the next 2 years which means a price rise. This is about the time that Diatreme will begin production so perhaps Beers valuation is a tad on the low side. If this forecast is correct then it's my opinion that processors will vie with each other for a piece of the action to lock in supply. The best and cheapest (in this instance) way to lock in supply is to buy the joint, hence my prediction of a T.O. bid.