It is a report by an independ consultant for the purpose of spelling out to CAG holders why they will be heavily diluted out of their Co but would be silly not to take the offer.
I look forward to the actual prospectus when Exergen/CAG actually go to the market for cash.
That's when we'll see the value placed on Bacchus by the Theiss/Sedgman scoping study.
Things are heating up in the BC space.
Fed resources minister Gary Gray was bullish liquid fuel and compatible ccs generation techs a few days ago and judging by his comments was talking DICE through to 2050 same as in white paper.