That is want I want to see. High value argument. Great post...

That is want I want to see. High value argument. Great post zephyr2 and well reasoned too; thank you.
I want to know how long it would have taken to get a return on investment however. That is without an offer as the share price was still in the toilet.
It would be fantastic to see a higher offer. BRB is undervalued by this offer but surely RMS is also currently undervalued given the short term outlook.

I am seeing the price bid is the percentage of RMS not 40cps. So the valuation is fluid in this case as it is tied to shares i RMS.

How do we quantify the full value of RMS as a performing, profitable debt free producer? How does that compare to BRB at present? This is also a real key point to all this. 2.82 shares of BRB vs 1 share in RMS, using present time valuations of both enterprises, in the current conditions. This about RMS too, not just BRB. The sum of both companies is worth more than the sum of the two parts as well.

Is this not valuable to BRB shareholders at present?
Regards CW