Remove KNB managementI wonder what would be involved in removing KNB management. I don't recall and am no expert in securities law but I would be curious to know if a shareholder with 8% can start a proxy battle to remove management or what the % is. I think if ORV has enough support this could be another alternative for those shareholders looking to maximize their investment like Dynamic. With the economy the way it is, it will likely mean a big pay cut for management at KNB but they should be looking out for shareholders for a change and as quickly as they were to issue options they should be trying to get ORV to raise their bid. With the recent news releases it looks like the two are not communicating outside of the public statements. I think tendering is not so much accepting 0.55 as it is accepting change is needed. Imo, the offer is going to be increased as in most hostile bids, the initial offer is seldom the last offer. If the objective is to benefit shareholders, why not sell the 6 million shares to ORV at 0.55, as they are likely willing to take up the shares without the warrants. Even at 0.50 without the warrants to ORV would be better than what they have proposed. Whose interest is being looked after by this pp? Being that is non-brokered the only party that I believe may be justified is Anglo who is merely averaging down and allowing them to release the warrants they own at 0.90 if the bid happens to end below that level. Anglo seems logical but I would worry they would not be as concerned to get a return on their investment since they will receive the NSR from whomever gets the project in the end. Under KNB Anglo is likely to receive a significant portion of KNB if they do not achieve the milestones and with a feasibility that was set to be delivered before ye 2008 I wonder if their expectations of production in 2010 are a little optimistic.