Risk stated in the MD&A, page 46...• our anti-takeover provisions could discourage potentially beneficial third-party takeover offers;...
Page 46 MD&A
Under risks on page 46 is not mentioned the sum of this "provision" nor is explained under which circumstances exactly this "provision" has to be paid by Pretium to a foreign company.
To say it in figures this is a risk of 125 CAD million for the owners / us the shareholders and it is a very concrete risk !!!
Is it legal for management and board to put us by their signatures knowingly on such a high risk -
without shareholders approval ?!?
Something to check out according to BC laws. Also stuff for the lawyers of a potential rival bidder who likes to give a fair offer to the PVG shareholders instead of that trash Newcrest offer.