TSO 4.00% 2.6¢ tesoro gold ltd

A collection of reasons why you should NOT invest in TSO!, page-400

  1. 498 Posts.
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    Acquiring 80% is just a formalization step, Im sure TSO will accelerate it as what they did with 70%. They need to pay 50k cash and provide a feasibility study. The deadline is 2022.

    Regarding the remaining 20%. I saw in several presentations and prospectus that they can acquire that by either giving out shares or paying with cash. Anyone knows what is the exact term? @Corgi mentioned something that the vendor would like to take shares at a premium instead of cash?


    https://hotcopper.com.au/data/attachments/2283/2283491-06157d03df23721059bc5ed3c04d7dde.jpghttps://hotcopper.com.au/data/attachments/2283/2283493-bf0479295b6eaa50d6d9e8d0eab8cad2.jpg
 
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2.7¢ 2.7¢ 2.5¢ $25.21K 941.1K

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