TTY has a 65% stake and should take up the rights issue, TTY...

TTY has a 65% stake and should take up the rights issue, TTY will also get the $2 million loan returned. You have to remember TTY now has a big stake in OLY and wants it to continue to ramp up and produce.
Yes, I bet OLY shareholders will take up the offer at 7c, knowing that TTY will be back for the next bite at 10c +.

Yes, a smart move for TTY and OLY.
I will take up my full entitlement, and so will other OLY (who are also TTY shareholders ) that I've spoken to.