I believe the Administrators have the power to accept any offer that might be made by MCR prior to a relisting of VRE and without shareholder agreement, on the basis that the offer by MCR was the best that the Administrators felt possible in the interests of the creditors (which includes shareholders). Sad to see what View's shareholders have missed as Navigator's share price zooms skywards following its deal for View's gold interests. Let's hope that a relisting will go ahead on the basis of Carnilya Hill following yesterday's announcement of significant new nickel intersections and that MCR does not spoil the fun.
VRE Price at posting:
13.0¢ Sentiment: Hold Disclosure: Held
