TRY 0.00% 3.0¢ troy resources limited

News: Troy Resources: Casposo Update , page-10

  1. 7,499 Posts.
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    Hi TRY Guys

    Elementos share holder here

    Looks like we are going to be partners !!!

    Not surprising a takeover/merger is being proposed considering that they are very close proximity and ELT is really short on cash

    This is likely to be ELT swapping assets for shares in TRY, which means it won't be a cash dilutive transaction while providing an enhanced growth opportunity in South America
 
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Currently unlisted public company.

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