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coppernoob

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12/08/22

09:51

Post #: 63072996
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Originally posted by Taurean7: ↑

Confusion still reigns. If still uncertain I suggest giving slow consideration to the 12 points below in logical order.

(1) It is not possible to have more than one valid Scheme available for determination.

(2) Only one valid Scheme exists.

(3) That Scheme has been approved by the Court.

(4) The offer price contained in the Scheme is 20.8 cents.

(5) No other valid Scheme exists.

(6) For the Scheme to be approved shareholders would need to pass an appropriate Scheme Resolution.

(7) Because an earlier Scheme Resolution has been voted on, it becomes necessary for its wording to be updated appropriately to create a new Scheme Resolution.

(8) Resolution 1 (Amending Resolution) updates the wording of the Scheme Resolution appropriately.

(9) Resolution 2 (Scheme Resolution) determines whether shareholders wish ResApp to implement the Scheme.

(10 If Resolution 1 is defeated (50% vote) then no appropriately worded Scheme Resolution exists to then be put to the Meeting, and the Meeting and the Scheme are immediately dead.

(11) If Resolution 1 is passed then the fate of the Scheme rests with Resolution 2.

(12) If this Scheme Resolution does not achieve greater than 75% of share votes cast as well as greater than a 50% headcount then the Scheme is dead.

Make your own choice according to your intended result.

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Having considered all constructive inputs into this discussion, point 10 above has led me to changing from YES, NO to NO,NO .
Thanks everyone who has contributed.

RAP Price at posting: 19.5¢ Sentiment: Hold Disclosure: Held
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Having considered all constructive inputs into this discussion,...

Top Stories

Tivan and EARTH AI gear up to commence fresh drilling at Sandover lead-silver project, NT

Climate change to drive market trends to the moon

KGL sniffs 19% Cu from drilling at Rockface play in NT

Fast-track assaying yields 182 g/t gold for iTech at new NT play

The Big Deal: Free-to-air TV swings the axe, but will it be enough as enormous sports deal bills loom?

Leo Lithium announces major divestment of flagship Goulamina project to Ganfeng

Red Hill Minerals Signs $6.5 Million Agreement with Peel Mining to Explore Curnamona Project, NSW

Saturn’s stars have aligned for the gold explorer’s Apollo Project

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