I don't know what RSG is still doing waiting and not making that takover for RBK. (Why RSG would use its cash reserves to buy back stock at this time is also very strange - and then go out and do a capital raising!. I have no idea what's going on, maybe someone can explain this to me). I agree with Nickoo that RBK is grossly undervalued.
The Aussie rationalisation story in Africa is about to get very interesting. My opinion is that at least 2, possibly four Aussie miners in Africa could merge.
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redback...reserve ann due soon., page-5
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