They can get more than 20% by underwriting an SPP. Minres are now 23% owners of Delta lithium by underwriting their SPP last year. It's a loophole that bypassed the requirement to launch a TO. Not saying that will happen in this case, but it's a way to get over 20% holding in a company
MTC Price at posting:
16.5¢ Sentiment: Hold Disclosure: Held
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