The Montreal-based company has halted all bidding on future mining projects following a contract dispute with Chile's state-owned copper mining company Codelco. Possible remediation agreementLynk said a remediation agreement would likely lead to a major stock bump, sorely desired after shares dove to a 10-year low of $34 on Monday. The upside from signing a remediation agreement far outweighs any potential fine that SNC would have had to pay. A remediation agreement could stick SNC with a potential fine of between $200 million and $500 million or more, analysts say. "The upside from signing a remediation agreement far outweighs any potential fine that SNC would have had to pay," Nazir said.

Source: CBC News February 13, 2019 21:45 UTC