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Ann: TNG to Seek Dual Listing on London Stock Exchange, page-27

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  1. 9,757 Posts.
    lightbulb Created with Sketch. 2950
    @Digity1 Respectfully disagree - the T3 proven resource the NPV is based on is just the beginning of the story there. Still got the T3 underground, a satellite deposits that can be mined (doubling the NPV easily as no further capex required on plant) and thousands of sq kms of the best copper ground in the world to explore with some very interesting targets indeed. Better in the hands of a bigger company no doubt, but SFR did very well out of that transaction indeed.
    (Former MOD holder for some years tongue.png)
    The London listing did absolutely NOTHING for them whatever. In fact less than nothing. Also total bollocks linking the London listing with the TO offer as you seemed to be implying. They were completely unconnected. In fact you can fairly easily argue the failing to get decent interest or finance from London after the listing led to them taking SFR's ordinary deal.

    But sure, bring on a TO by all means, it might be the only way to rid SH of the clearly out of his depth, and massively overpaid (IMO) PB.
    Pretty sure we'd all take a $1.25 at this stage. rolleyes.png





    Last edited by WoodySpoon: 24/10/19
 
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