RHK 6.96% 73.5¢ red hawk mining limited

Terms Sheet with BBIG and Bankable Feasibility Study, page-65

  1. 487 Posts.
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    I'm not sure our board would recover from that level of misrepresentation, were it to happen.

    A combination of the recent board messaging suggesting they are keen to find a path forward, have listened to minority holders, and think we will be pleased with the offer, combined with the overwhelmingly negative response to their floating of the idea we might give up 60% of PIOP, would surely leave them looking either incompetent, disingenuous, or both, were they to proceed down that path.

    I expect some horse trading, as Todd looks to secure the best deal he can for BBIG (himself), but to send the board's reputation back to the dark ages, when the time pressures are so palpable now, would remove any credability and that all important good will.
 
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