From what I understand the TPDC can't stop the transaction as it's offshore. The official line is understanding the transaction and protecting their interests. Looks like all the sharing agreements are being met so it should get approved once the political d1ck swinging is done, who knows how long that will be? Can't bee good for further raising / listing though from the agm results looks like they're pushing ahead.
I'm pretty sure DmR wants his 8million shares so the administrator will get paid if the deal goes through. If he gets his shares we get ours.
SL1 Price at posting:
4.7¢ Sentiment: None Disclosure: Held