Two reasons for another estimate now. 1. Prices or values of metals have changed since the last. 2. Buyout is the reason for the meeting and proxy. The buyout was accepted by management, but not voted on by the investors.
With the newest extimate it will confirm the company's worth and future earnings. It may also determine if the .55 cents is a fare price and could change the way many will vote if the estimate is much higher than expected.
>I am lost... why do they need another estimate now, when "buyout is a done deal", and we had "Ministry approval" of reserves before? Why was Krong singled out? Kind of confirms my suspicions that "Krong" it's basically all Aurus has now.<