Looks like it was a similar timeframe to the proposed merger...

Looks like it was a similar timeframe to the proposed merger here across late 2021 and early 2022?
And within a few days of the conversion going through the Sandfire price was up 26% on the original terms?

RCF is one of the most respected funds in Australia and up to now guys seem to have had much respect for Ian Prentice.
The example there seems to indicate the same or better is likely here by next January?


And I just noticed that as well as burning through that $16.4m cash that TMT had on hand at June 30 (Thanks largely to merger advocates RCF, Tribeca and Regal putting in to the May capital raise)
on regular expenses, TMT has a large payment due on January 24 to APA
From the annual report:



As far as it’s financial future on its’ own is concerned, who will help it out now?



And Rhys, yes Sandfire/Matso deal involved a cash offer.
But honestly where is the cash going to come from to do the same here?

cheers