All good points. Makes me think that maybe APAC is more interested in TO and getting their money back. And don't have time or interest in turn around. If this is the case, with their money and power, would be easy for them to jump on the nickel project later down the track and buy it (or the shares that own it) for a song. I'm against APAC just because of the devil you know, devil you don't. If they has serious concerns they could launch shareholder oppression in court but they haven't done that. Guess they would have if they could have. So really they just don't want to pay for control. They have benefited from this mess (would I be incorrect in saying?) the most. i.e. doubling shareholding at super low prices.
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