hmmm, not sure what to take from that. Seems reasonable and fair leaving us with 50m cash and royalty for 3 years on both copper and cobalt. But I am not happy having supported this company for so long only to lose the investment!
In saying that, in hindsight there are better invetments to be made so i hope TGS either has something great to do with this cash or they better give it back so we can do what they cant.
I would also be disappointed if the next quarterly had us producing without issue, it would then appear debt holders just wanted the fastest way out at our expense
Anybody care to do a valuation?
Ann: Tiger signs binding agreement to divest DRC operations, page-2
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