Replies to post #38619 on Aurora Acquisition Corp (AURC)

[JLP76]

Not enough has been mentioned about the following:

"The contents of the ore deposits have been confirmed by the Ministry and have satisfied the party making the offer."

Now just think about this for a minute- Aurus had to perform DD on the offeror & vice versa. Furthermore, the deposits have satisfied the party making the offer.

If they've been 'satisfied', it means that the assets are indeed legit. And you can bet they have the means to make an offer worthy of such deposits or Aurus wouldn't even bother with a special meeting to discuss the tender.

This might end up to be a lot bigger deal than I was expecting