The news we have been waiting for... ....congrats to all of the longs!
The price of $2.05 is far too low for Cali (it is worth that for the mine engineering alone), but as has been stated many times before, Batista didn't become one of the world's richest men by overpaying for assets. It is what it is.
As for Vetas, the RJ valuation of 80 cents is conservative, but let's go with that. The current SP is valuing Vetas at less than 10 cents and giving no value to Victorio. Seems like a good buy to me and I'm sure that once news gets out, we will see a lot more buying - Ross Beatty perhaps???