RE:RE:RE:No news release or other communication OK, let's say the parties are on the cusp of the all share deal today instead a year from now. What are you expecting in terms of a share exchange?
I want at least 0.2 shares of RIO for each share of WRN as of today. That figure increases the longer a buyout takes to occur based upon a bolstered PEA and increasing metal prices.
My 0.2 : 1 ratio assumes an average trading price of RIO in the $85 to $90 range.