re: Ann: Debt to Equity Conversion and Option... TTY have promised to make a quality IO acquisition for several years now. Perhaps it will happen soon?. No one would want control of TTY with its current IO mine with only a 2 year mine life and high cash costs. IMO something big must be in the wind. Noble may want more control of TTY to back them for a bigger project acquisition.
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Ann: Debt to Equity Conversion and Option for Pla, page-13
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