RHK 1.24% 79.5¢ red hawk mining limited

The terms include the following: • An option payment of A$10m,...

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    The terms include the following: • An option payment of A$10m, which amount will be secured by a bank guarantee until shareholder approval is received and the other customary conditions are satisfied.

    UNTIL SHAREHOLDER APPROVAL IS RECEIVED

    So a no vote means no approval or am I missing something?
 
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