I figure that if management had just done the Private Placement at $4.75, the SP would have risen to the low $5 range today as the market would have had more certainty that ARU had the money to see the development of FDN through any more gov't delays, and give the market confidence that others believed in ARU's potential. So, with today's close of $6.31, the takeover only increased our SP by $1 a share - big deal. That's no 60% premium!! Kinross, you want my shares - let me see an all-cash offer in the $15 range. Until then, I'm voting NO DEAL !!!!!