Ann: Multiple New Priority Exploration Targets Identified, page-12

• The Independent Expert has considered the terms of the Metalicty Offer for Nex Metals Explorations Limited (“Nex Metals”) as outlined in their report and have concluded that, in the absence of a superior offer, the Offer is fair and reasonable to Nex shareholders

• The Independent Experts Report (“IER”) stated that the Offer was fair, as it was valued as greater than their valuation estimate for Nex Metals of nil to $0.01 per Nex Metals share ($0.003 preferred value)
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how silly mct management looks now with above paid report that it’s own shares are valued lower than nme

money well wasted