At face value, that seems like a ripper of a deal.
VMY to pay A$2M (~US$1.55M) to acquire ~5.4 Mlbs (21%) of the Angularli resource they didn't own, on minimal dilution.
That's below US$0.3/lb U3O8, a really good outcome judging from their recent presentation.
Zia, what do you make of it?
