How to defeat a Scheme Of Arrangement, page-102

First 102 Last

Share
Profile

Follow
Kangaroos67

3,123 Posts.

1039

01/08/23

20:49

Post #: 69106898
Share

Originally posted by sjbomber: ↑

Khop, please get some prespective. Most of these people weren't advocating a no vote result per se, they were against a yes vote to a rogering. Of course I'm unhappy with the significant paper loss today across both stocks but, without knowing the intimate details of the negotiations, I'm confident the buck stops with Stuart & stx.

Why has stx's SP price fallen too if everything was going so well? Perhaps the market recognises that it needs the cash flow for it's ambitious plans. Imagine if Gina had let stx win the wgo battle. Would've picked up a great asset but no cash windfall. Seems to me that despite the cash bonus stx achieved in that play it is still spread pretty thin financially. All exacerbated by the delays in delivering Walyering.
In summary, I see this as a self inflicted, possibly calculated, wound by stx and the bleeding has spilt over both coys. I hope neither of us haemorrhage.

Personally, I think tpd is nicely poised for a small exploration company (soon to be in production) albeit it may need some debt funding because its JV partner is under preforming its stated timelines.

If stx really needs the FCF they'll be back with another offer? Will they be in a stronger position than the last two times...time will tell.

Expand

Thats the most sensible post I've read for some time
Appreciated

TPD Price at posting: 15.5¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

IMD

IMDEX to receive $10M in out-of-court settlement with Boart Longyear over downhole tool patent

VTM

Victory Metals dips -8% even as company set to grow heavy REE resource at North Stanmore

Week 33 Wrap: US recession fears forgotten; RBNZ’s surprise rate cut; more iron ore trouble

ARD

Argent begins search for VMS mineralisation at Kempfield Cu-Pb-Zn-Au-Ag play in NSW

WNX

Wellnex sees first special access scheme prescriptions for new Wellness Life brand

Bitcoin: Current State of Play & Where to Next | Swyftx

EQR

EQ Resources transitions historic Mt Carbine tungsten mine to owner-operator system

M2R

EIS co-funded campaign sees Miramar kick off maiden drilling at Bangemall, Gascoyne WA

Emerald & Azure score Digger & Dealer awards

SVL

Court of Appeal upholds environmental group's challenge to Silver Mines Ltd's Bowden project

There are more pages in this discussion • 9 more messages in this thread...

First 102 Last

Add TPD (ASX) to my watchlist

How to defeat a Scheme Of Arrangement, page-102

Top Stories

IMDEX to receive $10M in out-of-court settlement with Boart Longyear over downhole tool patent

Victory Metals dips -8% even as company set to grow heavy REE resource at North Stanmore

Week 33 Wrap: US recession fears forgotten; RBNZ’s surprise rate cut; more iron ore trouble

Argent begins search for VMS mineralisation at Kempfield Cu-Pb-Zn-Au-Ag play in NSW

Wellnex sees first special access scheme prescriptions for new Wellness Life brand

Bitcoin: Current State of Play & Where to Next | Swyftx

EQ Resources transitions historic Mt Carbine tungsten mine to owner-operator system

EIS co-funded campaign sees Miramar kick off maiden drilling at Bangemall, Gascoyne WA

Emerald & Azure score Digger & Dealer awards

Court of Appeal upholds environmental group's challenge to Silver Mines Ltd's Bowden project

Featured News