It would make A LOT of sense for PFC to buy this c In a cash-share deal. If they buy ROZ for, say, $10M, that would be the equivalant of them paying for their acreage for about $5M (I'm going off the top of my head with these figures when I looked at this a few weeks ago, look at SEDAR yourself to confirm), because ROZ is trading at it's cash/marketable securities value and they own PFC shares. So it's a lot like a buy back on PFC's case. Very interesting that PFC just closed their PP on September 17th for $10M then a day later ROZ announces their strategic review. I think the companies were already in talks then ROZ retained CIBC to see if they could get a better deal out of the situation.
https://tmx.quotemedia.com/article.php?newsid=54342989&qm_symbol=PFC
https://tmx.quotemedia.com/article.php?newsid=54373178&qm_symbol=ROZ