As a long term holder and very close follower, I’m not happy with the low ball offer, but realistically there are three options right now imo: 1. Accept the offer, move on and hope the synergies of lakes Rebecca and Roe see a significant rise in the RMS sp to all our benefits (at a lowball conversion to RMS shares). 2. Vote with Tom, small chance of S249 success and head into the unknown and possibly a 15cps drop in price from the current levels… 3. Sit tight and wait to see how many shares RMS get at the end of the bidding offer …
The only chance I see of getting an increased offer is if RMS fail to get 50.1% of the SOI in BRB. Lake Roe “makes” the project area. If RMS fails, the logistics of Rebecca are ..? Need to increase the offer in get it through?