lynas forge deal cancelled, page-10

"Board of Forge has agreed to do so and each party has released each other from liabilities and obligations under the transaction agreements.
In consideration of Forge's agreement to terminate the transaction, Lynas will compensate Forge in the sum of $600,000 (plus GST) for partial re-imbursement of direct third party costs incurred by Forge in relation to the proposed transaction."

is this for real?

this looks like, shareholders company, lynas, get shafted of well over half a million dollars.
wouldn't it be more in line just to send frg into admin?

is this compensation deal was part of a backup plan?
obviously in favour of frg
why wasn't lynas excluded from any financial liability, upon the deal being cancelled?
why should lynas bare the brunt of this?

from how this looks to me it's discraceful and appalling, imo.