Our combined pressures to the board will enforce them to deliver the results. From the activity report, Westcone is doing well. Why should the board keep pursuing the writ. Let us propose to the board via email to seek for win win solution.
Settle it outside court and get some compensations from the former owner with win win solution.
How?
A. Let say if the board knew "the issue of crusher repair services for BHP" before the acquisition, how much would be the fair value of purchase consideration.
B. Actual purchase compensation paid to the former owner of Westcone i.e., $5 million.
Compensation to be refunded to VPR.
($5 million - A) plus interest, should be the amount of compensation to be refunded to VPR by the former owner of Westcone.
