Post by
miningfundi on May 27, 2023 5:35pm
Mexican standoff?
Only 21,510 III shares traded last week - an average of 4,300 shares per day! Perhaps III buyers and sellers are waiting for the NCM/NEM merger to close in Q4 2023, and whether N2 will then buy III's 30% of RC? But perhaps ME may make his move during the interim - not an offer to buy III's RC interest (NCM has a ROFR) but an offer to buy the 51% of III he does not own.