TMT technology metals australia limited

Ann: Scheme Booklet registered with ASIC, page-78

  1. 20,779 Posts.
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    .. “To say that they wont support the project will mean they are writing off their investment in both companies…”


    I did not see any comment RCF would not support the project Troy.
    The gist I took is that it’s already supported TMT via two capital raises when the company needed money to continue but if the merger falls over and TMT wants to raise again in order to continue as a stand alone project RCF has indicated it is unlikely to put any more cash in.

    In relation to your last sentence are you implying the price here may fall as low as 5c if the merger fails?

    Thanks
    Last edited by sabine: 06/12/23
 
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