Have you not considered that Capri might have got what they wanted out of MZN directors by way of the discovery documents to satisfy themselves of the surety of their investment?
Pursuing MZN directors further at this point could be detrimental to KDR as having MZN directors banned for breach of the Corporations Act would mean an immediate change of the MZN board, substantially delaying the court proceedings with KDR until a new MZN board is constituted and has time to get up to speed on the case. Which new director in their right mind would want to be parachuted into a MZN disaster! Not in KDR's immediate interest I say.
Capri might well be happy to let KDR deliver the finishing blow on the lithium rights and breach of Corps act! Saves them spending further money of their own on this shammozzle.
I'm confident WSA have done their own due diligence on KDR before accepting KDR's offer to buy the 2 tenements and issuing a strong statement of further negotiations to expand the relationship. WSA directors have put their commercial credibility on the line by backing KDR. They didn't have to announce the deal yesterday, next week or month. They are in no rush for any new shares or money, unless they agree that KDR is substantially undervalued. They could have waited til after the case was resolved and negotiated with the winning party. They choose to back KDR and come out advertising it, conveniently as the mediation date was moved forward. The only surprise to me was that WSA didn't ask for any options in the deal to leverage their potential stake.
Have you not considered that Capri might have got what they...
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