Im sure it will be 'fair' but looking at the trading of EAR over MKO, its looking somewhat in favour of EAR holders at this stage. With a plant ready to rumble, current gold price and various companies needing treatment, one would have thought MKO might have been nudging higher not lower. Unless it isn't wanted to.
Also I note MR is a director of IRC, FWIW with todays news, so he would have had to be quite impartial to any details of the deal.
Ann: Divestment of Kalgoorlie Assets, page-5
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