I agree. HBK has done a very good job in trying to get everything up and running in the shortest amount of time possible.  If I was a competitor, I would definitely be considering buying them out before 2014, as the longer they're in full production, the more cash flow HBK gains, higher the SP gets, and the closer they get to increased quotas, the asking price will increase.  The best case scenario for HBK holders (but unlikely) would be a bidding type war between major competitors who don't want HBK and the swamp point deposit in the hands of the other.  Lafarge and Heidelberg, perhaps?  Perhaps I'm way off and it's all wishful thinking.