Even if they don’t takeover TOE directly, they are big enough to have other entities and mates in the U game who they will restructure Lake Maitland with and hold an investment parcel of the asset even larger than they do now imo. I actually think that is half the reason for the spin off and divesting the gold and minerals ground. Then they only have the U asset to market and restructure to their pals in the U industry which will be a lot easier to do imo. You have to wonder why it has been 14 quarterlies in a row mentioning the EPA substantial commencement pathway with absolutely nothing done about it. Clearly they are waiting for the prime time to do it all once they can restructure this with the help of RH.
TOE Price at posting:
24.0¢ Sentiment: Hold Disclosure: Held
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