"they probably will get demands from tmr to cough up their proportional share of developing the new mine, and if they dont pay up. they probably will forfeit their shares."
Comment:
What a horrible position to be in.
I wouldn't expect TMR to want to pay IBR's 14% share of developing IBR's assets.
So who is left to pay but the IBR shareholders?
I wouldn't expect TMR to want to pay IBR's 14% share of anything to do with IBR.
To give those 14% shareholders a free ride.
So who is left to pay but the IBR shareholders?
I hope their pockets are as big as their mouths have been on Hot Copper!
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