TKM 5.88% 3.2¢ trek metals limited

Ann: Agreement with Rio Tinto to explore Trek's Jimblebar Project, page-46

  1. 2,681 Posts.
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    Rio get 80% of TKM for 5mAUD values TKM at 6.25mAUD. Is this the steal of the century ? Don't see how TKM find this something to get excited about unless of course they find nothing saving TKM diluting for nothing. May as well have sold it to RIO with a royalty deal and concentrate on another project IMO.
 
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