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Bullboard - Stock Discussion Forum Turquoise Hill Resources Ltd. T.TRQ

Turquoise Hill Resources Ltd is a global mining company that primarily mines copper, gold, and coal in the Asia-Pacific region. The company holds a 66% interest in Oyu Tolgoi, one of the world's largest copper-gold-silver mines, which ships concentrate to customers in China. Oyu Tolgoi is located in the South Gobi region of Mongolia, approximately 550 km south of the capital, Ulaanbaatar, and... see more

TSX:TRQ - Post Discussion

Turquoise Hill Resources Ltd. > In essence, is the deal off the table?
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Post by riverrrow on Nov 11, 2022 9:59am

In essence, is the deal off the table?

Since the meeting for shareholder vote is delayed indefinitely is the buyout off the table?
Comment by Countrygent on Nov 11, 2022 10:51am
  A vote subject to the Pentwater Agreement as it was announced seems to be kaput.   Rio isn't walking away from a further 1/3 of OT anytime soon.  And they need the TRQ minority removed so they can they consolidate ETG into OTLLC with some asymmetrical funding because the Mongolians want a full 34% of all OT with no cost to them.  Which is why they got their $2.4 ...more  
Comment by riverrrow on Nov 11, 2022 11:48am
I like your reasoning.  GLTA.
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