RE:RE:spin out / cop outhighper wrote: bolvana it costs a lot of money to maintain even a listing on the stock exchnage and for accountants and such. There are property maintenance costs too. Teuton has a fixed payroll. And you've listed the dilution over the last few years. Look how easy it is dilute a companies shares....
exactly my point... and the spinoff will have all those costs on top, extra costs, two listings. There will be directors, free shares for them, millions of options,... One thing is for sure, the spin off will definitely cause dilution of Treaty Creek, its is written and announced.
For the current situation, it is confiormed that we won't have exactly this, no dilution for the next future, check out the last MD&A.
We have enough money for the moment and Teuton confirmed in their MD&A, that there won't be the need for financing in the next future. K2 promised this year to become exponential, so this should also increase TUO's share price seriously. TUO owns more than 3 mio TUD shares, which will be worth one or 2 dollars. That means 3 or perhaps 6 mio dollars marketable assets!
In 2021 TUO will get over a million from expiring warrants. For this year Barry promised new option deals to be announced, so where is the problem?
Sprott will buyout the spinoff for cheap faster than one can think... is this the goal, could this be the intention? I am holding TUO for more than 10 years, waiting for Treaty Creek to play out. Only to see it becoming cut in pieces and nobody knows what one owns?
- Simplify any Buyout or Takeover offer of our Treaty Creek asset;
- Teuton would retain the Treaty Creek NSR as part of our long term strategic plan to grow as a prospect generator and royalty company ==> this plan completely faild over the years, there is absolutely no value in our market cap. So hundreds of million dollars to be consumed over the years for what... ?
We are currently 50% undervalued compared to Tudor. Tudor will without any doubt be a multibagger within a year and so will be TUO. There is absolutely nothing to gain for the retail shareholder with this spin off, but a lot to loose...