Canaccord Oppose DOCA, page-222

GXY/AKE transferred its shares for a royalty payment. That was the settlement.

No one knew the details, but it was made available during the documentation for the GXY/ORE merger.

If shareholders regain control of A40, GXY loses yet again. That is 3 times (money poured in before administration, failed takeover attempt, no share interest of holders regain control and I assume lose their royalty payment). GXY made a real mess of this, I can't say that I am not disappointed. Very disappointed! Well AKE has had new leadership since the days of that debacle. I hope wiser heads are at play.

I do wonder if management is waiting in the wings silently to make a big move. Would they stuff it up again if they did??

You do need to say that LTR's massive announcement today does play favourable to the valuation needed by FIRB to reject.

Good luck to you all. You were all robbed, taken advantage of by crappy management, administrators and regulation etc. Greedy seagulls trying to grab what they could in furious greedy panic.I hope you all find an outcome that makes up for all of that. It appears to be coming, just very slowly. I would be amazed if the FIRB gives final approval. Not long now, all the best!!!!!