Maybe some tax year sell off as well. I find it hard to understand why some would dump given the recent announcement. Particularly “if” the apparent change of attitude by the company is for real. With IO at highs I suspect (but don’t know) that Todd is pushing both FMS and BBI to “ get on with it”. There is massive profits to be made and that doesn’t happen by not mining and shipping ore. Also it appears that the company is acknowledging that any deal with BBI will require a vote and Todd will be excluded. So that deal will need to be seen as fair and reasonable by OCJ and other minority shareholders or it will simply be voted against and another lost opportunity to forward both companies (and TIO’s) interest. I’m looking forward to seeing just how informative and optimistic the quarterly due this week will be. GLTA.
FMS - "The Foundation Customer", page-182
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