I don’t think it’s about being greedy and the North Americans...

I don’t think it’s about being greedy and the North Americans have gone will RMS as it offers a much easier way to offload shares if they wish to do so as RMS is far more liquid. Maybe they have simply grown tired of the apparent lack of progress and don’t intend on selling at all but rather, have a new team to progress the project?

At 50.1% RMS can replace the entire board.

However, your comments raise an interesting question. What will happen to the <49.1% of Breaker holders who may not accept the offer? What may happen to the BRB sp? RMS can’t touch BRB’s capital (~$65m) until they own 100%.

Honest question as I have never been involved in a take-over before.

Perdy