I don't think you are right. Once Kinross owns 90% OF THE FULLY DILUTED shares of Aurelian then can request the court to let them obtain all of the Aurelian shares...After they have acquired 75% they can buy the rest on the open market to get past 90%..

165 Million x 90%= 148.5 .. they need 148.5 million shares total so 16.5 Million are not necessary for Kinross to attain before they go to court to require all to sell to them....The price they pay for the court required 10% is the only thing in question....