Per SLR announcement:The value placed on Leonora assets by both...

Per SLR announcement:

The value placed on Leonora assets by both the Silver Lake Proposal and the Genesis Proposal provides significant comfort that St Barbara’s debt will be repaid in full,providing confidence that there is time to run a proper sales process to maximise value for St Barbara shareholders should they VOTE AGAINST the Genesis Proposal.

...So , no problem on the very last point, IMO.

The Premium from SLR is now estimated at 14.7% and cannot be ignored by those that are paid to ensure the shareholders are getting the best deal.

The implied value of the Silver Lake Proposal is A$718 million, comprising $370 million in cash and 327.1 million Silver Lake shares valued at $348.2 million (correction on decimal from statement). Taurus Mining Finance Fund No 2LP (Taurus), the provider of a US$150 million credit approved acquisition facility, has progressed the facility to the point that it is subject only to legal due diligence and execution of definitive documentation.

So lets get on with the due diligence...