so let's say 40% of shares are tendered

since it's less than 65% Kinross calls off the deal

the financing goes through

where do we stand

we have a major shareholder calling the shots

K keeps their thumb on our SP so that they can slowly accumulate

do management then get to keep their options?

ARU builds the ramp with the 71+ 50m $

where's the shareholder value in that?

we could have done a financing at a better time and price than that

so I go back to looking to other bids...nothing else makes sense

safeharbour