These points in bold are interesting.The Latin Resources Board...

These points in bold are interesting.
The Latin Resources Board has unanimously recommended the Scheme in the absence of a Superior Proposal (as defined in the Scheme Implementation Agreement) emerging and subject to an independent expert concluding (and continuing to conclude) that the Scheme is in the best interests of Latin Resources shareholders • All directors of Latin Resources (who together hold 4.8% of Latin Resources’ total issued shares) have confirmed their intention to vote in favour of the Scheme, subject to those same qualifications • Latin Resources’ largest shareholder Jose Luis Manzano (7.9%) has confirmed his intention to vote in favour of the Scheme in the absence of a Superior Proposal emerging and subject to an independent expert concluding (and continuing to conclude) that the Scheme is in the best interests of Latin Resources shareholders
The Scheme is subject to certain conditions, including an independent expert concluding (and continuing to conclude) that the Scheme is in the best interests of Latin Resources shareholders, customary conditions including no material adverse change or prescribed events occurring in respect of either Pilbara Minerals or
Latin Resources, approval by Latin Resources shareholders at a Scheme Meeting, completion of a Latin Resources shareholder-approved in-specie distribution of
all of Latin Resources’ non-core assets (which predominantly consist of immaterial tenement interests in Peru, Argentina and Australia), and the requisite Court approvals.
Let's hope the independent expert deems it not in the best interests of shareholders.