Shamall there is a lot of emotion about this vote from many people on here and it is understandable. Most of us have been in for ages and we are underwater. Most of us have been bullish all along and we have been wrong. We nearly lost the lot.
Timeone and then SST started the post pfs rot with deals that were changed/walked away from and then WEG came along and picked us up off the mat with a deal that is sensational from their point of view and allows us to move forward. Unfortunately for WEG, being a related party means we shareholders get to vote on it. The independant expert report says the deal is not fair but reasonable, based on only the remnant ore. There was no mention of the Underground target. WEG as a sweetener even gets a 3% marketing fee.
Tony has to recommend this deal to shareholders. It's his deal and he loses credibility if he does anything else. Mgt, however, have very few shares so this is a vote that can be won by the NO vote.
I'm sure mgt have a plan B in case we vote this down. It is just naive to vote blindly with management.
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