This proposal is frankly an insulting betrayal of the common...

This proposal is frankly an insulting betrayal of the common shareholder.

Up to 160 million already pre-pledged by the NAIF plus the market capitalisation of the company as is, a bitumen Highway being literally constructed to support the projects in that area and nearing completion and a Territory Government falling over themselves to get them to start (and start injecting money into the local economy and jobs market) and they are saying they can't get the project off the ground? Smells like bullshit if you ask me....

No doubt, certain grubby little hands will be rubbing themselves together at the prospect of pumping the price a little to buy out anyone willing to dump and run now so they can increase their votes to ensure the deal is accepted. Shame on the board for betraying ordinary people who put their asses on the line to prop up this company and who rode out the hard times to only have them sold out from underneath them just as everything was about to come together. We still have options (including scaling the size of the project down and building it up on a slower trajectory) but instead you've thrown the shareholders under the bus.

Vote NO to this deal and refuse to sell your shares. You are selling yourselves for Pennies on the Pound compared to what this project will be worth in 5 years.