Would the announcement of 'sabotage' and today's announcement 'care and maintenance' of Timis be related?
So right now CFE is trading @ about 2 x cash backing. Has uncertainty on both Timis royalty and any future dividend payments. There are loose AML shares up for grabs. The missed royalty payment from this quarter would have been just about enough to buy them back. They've got a high cash burn, especially on management fees.
I won't be surprised if there will be a sell off tomorrow. The prospect of churning through their cash is lingering
Would the announcement of 'sabotage' and today's announcement...
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