That that they need, but it only takes a 5% holding (or control of 5%) to 249d them and propose some new members.
I am just a private investor, what I say to you or anyone on HC means nothing to anyone, if RCF and Renaissance came out and said the same things to retail holders it will carry significant weight. It's an easy sell for them as a couple of hundred million dollars of investment currently sit on the sidelines unwilling to get involved under the current leadership.
If they wanted to spill them they would but current BOD knows this, giving them the pilbara assets via 1MC would get the deal done and everyone saves face. Thats really their only play as the days of SYA propping up 1MC via reimbursement for no exploration is over.
SYA Price at posting:
1.7¢ Sentiment: Hold Disclosure: Held
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