Is this merger likely to go ahead?
RFV over $9m cash
If merger goes ahead 1.25 BUT per share
Correct me if i'm wrong,
BUT would have to trade below 8c to lose money if deal goes ahead assuming a 10c RFV purchase
BUT currently 11c & RFV trading below cash
maybe worth a punt, I grabbed a small parcel for a trade, may get some more if it dips - decent gold intersections just released by BUT