I sincerely hope we get a good take up of the entitlement offer from minority holders.
I know, I know, cracked record but unfortunately the lack of support from minority holders will just continue to gift TIO & OCJ increased ownership as it has been doing over the last few years.
TIO is now up to 60% and will rise to 61.21% if no minority holder participates or 60.6% if 50% participate!!
This might seem like small increases but they all add up and the slow game is winning nicely for them
Of course not advice (just my hope)
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- Ann: $12.5m Entitlement Offer to fund Blacksmith Iron Ore Project
I sincerely hope we get a good take up of the entitlement offer...
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