The sale price would be determined by concrete value, of which...

The sale price would be determined by concrete value, of which SUD has very little of right now.

Double digit royalties are meaningful only with sales, of which there are none.

An offer will get tabled at some point before sales occur IMO, and given management has no idea what royalties will be forthcoming a 5-600% premium is more than fair

Only game changer is if Artimist sells for a big upfront, then both the likelihood of a cash backed sale increases, and so does the price