Ann: Court Orders Convening Scheme Meetings, page-7

More of Menzies will be toll treated to generate cash to refurbish BTR's mill and get it into production.
Both company boards must see value in BTR's assets and potential exploration success
The combined entity becomes more valuable to a third party that can benefit by the projects in both locations

Combined it adds another dimension, KWR can't afford to build a mill.

A higher bid for KWR hasn't materialised.