and...bang there it is sxg, page-25

The positives about the SXG offer to BCN that aren’t being given air time are:
BCN shareholders would have benefited directly by having SXG stock,
If they want to see the upside in SXG then they can hold onto their shares,
If they don’t want to see the upside then they can cash in their SXG stock.
In this way the shareholders have the direct benefit and not the directors of BCN.
BCN could easily have just sold SXG the ML and kept the exploration ground.
That way BCN shareholders would have had SXG shares, kept their BCN shares, whatever cash BCN had at the time and the exploration at Barlee.