Does Jubilee board think they can just walk away with PLA's...

Does Jubilee board think they can just walk away with PLA's asset for just peanut AUD 8.6M?

-A fully functional mine with 80 000 ouch/y
-An operating processing plan - cost $40M-$60M to construct. At the moment JBL have to pay to PLA to use the facility
-2 other large surface Platinum mines already fully BFS and mining license application pending, ready to construct.


Let see what JBL get if PLA share holder vote NO to the deal.

-Pay PLA to processing ore tailing
-A million years to build Tjat mine
-Find finance of $200M+ build Tjat mine
-Construct mine and processing plants
-Share price drop down to 2p?
-X amount of debt in their account.

Let she what JBL get with current proposed merge/(asset robbing PLA)

-pay AUD8.6M to with their peanut share and wall away with all PLA asset + all their above problem solved using PLA asset.