What if Peter finds a better deal.....one that shareholders would vote on.

For instance.....say....Noront makes a run at Fancamp.  They could use the cash to pay off a loan and consolidate their holdings in the ROF.  Also, Noront and KWG are sparring off in a rail vs road debate, while Fancamp actually holds the other 50% of KWG's resource.  At the same time, Noront would get extra shares of KWG to add to what they already have.

Or....perhaps someone that holds a better deposit and brings something more to the table.

If this is such a bad deal, as Peter claims.....find a better one.