You're pulling numbers out of your a** juanito1. The BFS has not yet been released so there is nothing to support any "savings" you claim PPG would get by buying Argex.
Here's a question for you. If Argex represents such an enormous savings for PPG then WHY HAVEN'T THEY MADE ANY EFFORT TO BUY THE COMPANY SO FAR???? They've had far more than a year to evaluate the process and the products we're capable of producing and they've made no move whatsoever to lock up Argex in any way. To date we haven't even been able to get a supply agreement signed with them.
If anything the long delay leans towards a complex long term supply agreement, not any kind of buyout which would be much simpler to execute.