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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 80 km north of the Mongolia-China border. The company also holds interests in companies that mine...


TSX:TRQ - Post by User

Post by Skip57on Nov 18, 2022 5:27am
329 Views
Post# 35109453

mmmmm, I wonder

mmmmm, I wonder"The Proposed Transaction represents Rio Tinto’s best and final all-cash transaction price of C$43.00 per share".  This statement is interesting, in particular the words "all-cash".  Could there be a subsequent offer that is not all-cash?  Of course this assumes that a majority of the minority vote "NO".  Also, what happens if the 17.5% dissent threshold is exceeded?  Pentwater and SailingStone holdings are very close to that.
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