Well as it stands the MC should be around $10m now imo. That is...

Well as it stands the MC should be around $10m now imo. That is just pricing in the Dixon 20% value and the cash levels etc.

They also have other projects.

If results are good basically you can rate RIE at a 1 to 4 level on our MC/EV to AUZ's.

If results are good we should see AUZ double to a $60m MC or 6c.

That would give RIE are value of $17m.

So AUZ would bag but RIE should be a 3 bagger to be even stevens for their 20% free carried.

If results are average, will be very surprised if they're poor RIE will probably drop to around that 2c level. Someone seems keen to sell at .029 but not sell down. Probably a stale holder or someone who converted those notes previously trying to cash out. Good news will flush them out altogether and it will re-rate. Very hard to get rid of a stale holder when a stock is fairly illiquid and they're an irrational seller.