KRR 20.0% 1.2¢ king river resources limited

So what an earth does KRR get out of this deal? Our $5M is...

  1. 11,192 Posts.
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    So what an earth does KRR get out of this deal? Our $5M is delayed. It stays at $5M. Surely a good negotiator would get another $500k-$1M due to the hassle, and of TVN breaking the initial transaction rules…

    Sounds like they just gave TVN a free hit which is incredibly rare in this business world when you have shareholders interests to protect. I doubt TVN would have done the same in return.. is he lining up a seat on their board?

    I can only see this as a negative and means we can’t ramp up our drilling program like we would have wanted because we have to wait longer for this $5M.
    Last edited by coto: 12/02/24
 
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