Ann: Update to Proposed Transaction, page-2

Not the news I want to read.

This company must
1. Sell the assets (whatever they still have)
2. Pay out the cash
3. Wind up
4. Clough then uses their share of the wind up proceeds to develop their own asset.

We don't want to be part of the exploration journey, and we definitely don't want to pay for some dilutive cap raise

All the related party dealing in Tomby's proposed transaction is an insurmountable hurdle.