can only speak for myself but at the moment i cant see why i...

can only speak for myself but at the moment i cant see why i would accept.

If it was closer to $2.00-$3.00 range i would have accepted straight away

seems as though they will reach the 90% acceptance (not guaranteed yet but still a couple of weeks to go) however not sure they will get the 75%. if they get the 75% i'm getting $1.35 regardless. so willing to take the risk

The compulsory takeover may go ahead. If they dont increase their offer from $1.35 i can see this going to court - they will get another independent report done. Lets assume its still $1.62-$1.92 as a FAIR value. Then i would have to assume that the court would have to say no minimum $1.62 is to be paid. However i would want to believe it should come back much higher.

for me worst case and we dont get re-listed the company is still making $100 million a year (and increasing now another pit is open) it only took them 6 weeks from paddock to first coal, they have other pits they can look at as well. i would also assume T2 will need to have a dividend declared to return back to their fund - im guessing the dividend payments over the next 10 years of mine life will be far greater than the original investment.

The T2 fund will expire as @Maysgr mentioned in i think it was a maximum of 3 years? then what happens? from the AGM presentation im of the opinion that the mine is only going to get bigger and more profitable. And they are selling overseas assets.

just my opinion but thats how i am seeing it - happy to get others thoughts as well