I am happy we got an update and looks like Rio gave into Star for not forming the Management Committee. This is a big win as we don't have to dilute until Rio officially has option 2 exercised for 51%. Rio might need to drill another 10 bauer holes before they get this and that bodes well for us.
Congrats Star for holding your ground and KUDOS to Rio for giving in and not demanding having the meeting and moving on the JVA meeting. They seem to be getting along somewhat so see what June 29-30 will bring.
Win for both sides before court date and maybe they solve some other issues from now till the date.
We should see some north pressure on stock price over the next few weeks.