If an "experts report" giving a "fair value" is issued before a reserve statement and PFS is released (and they should be released as soon as they are available in a takeover situation),then valuation will be a quantum lower than post ore statement and PFS.
Shareholders would have grounds to run a case of malfeasance against the BOD.
Just fair warning. All the BOD has to do is act fairly in representing all shareholders.
Note: Asculpeous has a vested interest in shareholders being treated fairly.
ARS Price at posting:
4.7¢ Sentiment: Hold Disclosure: Held