Latitude deal is a scandalous rip-offThere are resources of a...

Latitude deal is a scandalous rip-off
There are resources of a Kuusamo mine which cannot be mine because of
natural values, radiation dangers and major travel businesses.
There is 1000 km2 of exploration license application which cannot be hold
by the suggested financing.

The deal would dilute DCX shareholders to about 17 % without getting any real assets.
Latitude is already very happy about getting major part of the Australian rights
https://lat66.com/wp-content/uploads/2024/04/Tiedote-ASX.pdf

Please note the other postings
The impossible mine:
https://hotcopper.com.au/threads/a-mine-into-the-great-barrier-reef-or-latitudes-kuusamo-mine.7941968/
Russel Delroy is likely abusing Capricorn and DSX shareholders by insider power
https://hotcopper.com.au/threads/is-delroy-and-nero-taking-your-money-by-latitude-deal.7938033/

There is an alternative

i) Do not accept the Takeover offer. If they would get over 90%, they will pay at least the same.
There i nothing to lose. Possibly there could be a chance to negotiate a better deal

ii) Complain about misleading information to ASX and ASIC

iii) Complain to board and directors and make it clear that you will vote
for firing them, if they continue to support the deal

At best there would be a couple of million compensations on top of
0.5 million which would be available as reimbursement
https://hotcopper.com.au/threads/statements-late-deal-collapses-dcx-takes-the-money.7945860/

There could be a possibility to get enough money and fire expensive directors
to be able to cash the Great Duchess and possibly other projects,