RE: RE: RE: RE: RIC ?I cannot see RIC doing a pure TO on MOA.
It would not get shareholder aproval to do so , unless the offer were very much at a premium.
What I foresee is RIC acquiring our 50 % of VL for some cash but mostly equity ,while MOA retains its other properties with the necessary cash to move them quickly thru the definitive exploration stages.
This route means that, thru our RIC shares, we also get to participate in the future development of VL.
An alternate but similar route would be a for a total TO of MOA ., but spinning out the other projects as a separate equity...............essentially the same but more red tape.
I have been a shareholder of RIC on several occasions and sold out due to their flat feet.
Their offer better be good.