Ann: Cash Sale of Blackspur Oil Corp for A$83.3M, page-21

It says the performance rights vest if a sale of Brooks OR Thorsby Assets are sold for a price exceeding $A80 million .
They are selling both Brooks AND Thorsby Assets just a little more than that .

Words matter .

On my reading of the Announcement the RIGHTS SHOULD NOT VEST !
They would have to prove that the either the Brooks or the Thorsby Assets was valued at less than $A3.3 million in the deal and the other asset was valued at more than $A80 million for their rights to vest .

They need to sell all the assets of CE1 and return ALL the cash to shareholders .

There is a huge stink about this deal .