TLM 5.88% 27.0¢ talisman mining limited

G'day mate and welcome. Your assumptions are correct regarding...

  1. 7,115 Posts.
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    G'day mate and welcome.

    Your assumptions are correct regarding the deal - holders will likely get 22c-24c per share as a pay out. Unsure of how this will be paid or the tax implications at this stage. Holders will retain all shares.

    On the question of why, it's been hotly debated here and the short answer is that we don't know, but expect a release soon and/or detailed review of this deal and the motivations behind it at the upcoming GM.

    The simple facts at this stage are that SFR have delayed processing any ore from Monty until 1Q/2Q next yr and TLM took an opportunity to lock in a lump sum of money now rather than sit in the project longer term.

    On the question of whether to sell... each person will make their own call and I think there is some very good discussion on this thread outlining why holders might bail out versus why we might sit in a bit longer.

    Best wishes.
 
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