So I can be an explorer that hasn't yet received my drill results ... get my 'Independent Directors" to support a low ball bid based on a valuation that excludes those drill results... then once I receive the results - however outstanding they are - stand by the original valuation?
How is this legal? Surely the KPMG valuation is now null and void. If not, what does it take? What a precedent we have here.
How can a valuation remain valid when all the parameters necessary to calculate it have changed?
So I can be an explorer that hasn't yet received my drill...
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