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06/12/23
06:14
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Originally posted by RhysT:
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Exactly... I have it the same way in my head.. This RCF and other investors will no longer contribute to TMT is rubbish. They absolutely need this deal done given everything the have sunk into it. Do RCF simply blow their whole investment and walk away from THE premier Vanadium deposit in the World? Well maybe they do, it'll be their loss, but I highly doubt it. Every word is crafted to get this done now. It'll be embarrassing, costly, frustrating, bad for business, bad for optics if this deal falls through for them, but it puts the ball back in their court and if they want to own this whole thing under one roof, try again by doing right by shareholders. Doesn't mean a lot of the scheme isn't true or worst case scenarios they paint won't eventuate, but we all knew the scheme would read like this, TMT is a steaming pile of poop on it's own, unless we agree to sell at bargain low ball price to RCF where there might be light at the end of the tunnel.
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RCF have the most risk out of everyone. To say that they wont support the project will mean they are writing off their investment in both companies. RCF total investment position would be $25-$40 million?? Does RCF have more $$ than cents? The ones to watch will be Regal, Tribeca etc I cant wait for the gap down to 5 cents!!