I have never mentioned this was a good deal....it offers nothing to current shareholders other than risk....they are diversifying into "out of favour/risky/unproven mines" which may/or may not come into production and all with NO DD (through their own admission) ....give me a break! You have to ask yourself why did you invest in this company in the first place....I'll give you a hint....safe/reliable/very low risk/yield and I will throw in , for good measure I will throw in....NO risk with inflation/tier one asset run by the biggest mining company on the planet...now think about what they have done with this purchase....huge risk with Thacker pass (FFS they havn't even got the funding for its development and its over 4 years away) not to mention its close to being uneconomical at the current spod prices...what happens if they cant get the funding...and its MO they wont!
All this with NO DD!!!!!
S##T they havnt even seen these assets!!!!
Ann: Recommended Cash Offer to Acquire Trident Royalties Plc, page-111
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