I said $40cents.Anyway, you’re right there are 1.1 billion new...

I said $40cents.

Anyway, you’re right there are 1.1 billion new shares, if not for those 2 CRs! I bought more at 13.5c so not really complaining.

$30cents would probably succeed, and is realistic as I estimated in other posts. Heck $28cents might even do it.

I’m fascinated by SLR-SBM-GMD, one of them will get it and then RED might be next. As I see it the only reason they went for Gwalia and not RED first (RED is the better asset) is they can’t afford us until after they swallow Gwalia. Or as Rob says GMD might be left at the alter and go after RED anyway, even though she’s a big girl, bigger than GMD. Or RMS could do it now that they’ve swallowed Breaker; could see an RMS bid within days, weeks, or it could be a few months away.