still undervalues at a pe ratio of 4, page-14

Mav,

There is still so much room for major shareholders to stop this transaction or another larger buyer to move in on it if it is undervalued. If neither of them do, it is hard to say Management pulled the wool over everyone's eyes and did a sweetheart deal in their own interests. I can see why they chose to pursue a strong financial partner and am delighted they are getting a lick at a Uranium play that boosts their gold profile. I see the accretive nature of RR on many fronts, even earnings over the next 24 months. I think the Chinese will end up being very different partners to what many think. They will help the company unlock a significant amount of value imo.