Unfortunately I got taken off Rods XMAS LIST so I am in the dark. I agree with your comments about joint venture but ROD wants 70% for 30% outlay.AS you know its no use talking to him as he never tells the truth. HE did advise last november that it would be relisted by now . I bet he will use the death of a director as an excuse.
I cant see ROD selling his interest outright as he would need $1 a share to get his money back(minumum)With that sort of attitude he would be difficult to negotiate a deal. If he was running short of cash he could be forced into a comprimise .JV with MNC with controlling interest is the only way this mine will get off the ground and the best chance for S/holders to get a return. Personally I cant believe TKG has not relisted and can only put it down to a lot of very heavy discussion/dealing. AS mentioned before ROD used tkg funds to finance all his expenses to carry out his private business including the rent for his very plush office. he would lose all that in any agreement he made. AS there is no money left in the bank of TKG for ROD to plunder I think there should be news very soon that will see TKG relisted ITS ONLY JUST A HUNCH.
As always I wish you all the best of luck.
BLUEBOTTLE.
TKG Price at posting:
3.5¢ Sentiment: None Disclosure: Not Held
