RE:RE:RE:RE:RE:Stay focused...twoponds wrote: Zephyr wrote: twoponds wrote: Zephyr wrote: I wouldn't get too excited about that. The reason for using the lawyers office address for the head office is because there is no physical office for TPR. This is standard practice for new companies upon creation. As a matter of fact, any shareholder meetings are usually just done around the Boardroom table at the lawyer's office. I'm sure they explicitly didn't want to use the St. John's office in order to keep everything separate and the mind/management will be out West. If they ever do get a physical location, the addy will be changed.
In addition, the firm's experience in M&A is solely from a legal documentation perspective (purchase-sale agreements, capital rasises, debt issuance, etc.). Any potential sale transaction would be done under advice from a M&A firm (the numbers side of the equation) and likely the same one Atlas is currently using. The lawyer's would simply 'paper it over' and advise on potential legal peril in any deal structure.
Lol, I want this to sell fast, too! In the beginning I thought there was a chance but now I think it won't be at least until there is some clarity around who successfully bids on land rights as part of the NL govt's Dec 13-Mar 3rd application process (at a minimum).
I also don't think you are going to see this company listed any time soon.
They actually state the business address (TPR)at Sedar as 333 Duckworth Street St. John's, NL A1C 1G9
...we all know what other business entities are there...
I'm not "excited" I just implied the company was in good , knowledgeable hands as far as the company's securities expertise goes...that's all, take the"lol" elsewhere as there was no humor intended in the post, I just found it worthy to note... Triple Point Resources Ltd. Profile (sedar.com)
...two
Lighten up Man....lol was not aimed at you.
Now, not directly TPR related but I haven't seen anywhere reported in public media that Fotescue and ABO Wind's hydrogen bid in Nova Scotia was the only bid outright rejected last Monday. I wonder if that will make them more hungry for NL or less? Hmmmm......
No worry...you'd think the rejecting of the N.S. bid would have them lean towards N.L...Fortesque maybe thinking they get a faster outcome in Nova Scotia?
I think so, too. I guess the only thing that makes me lean the other way is if there was some kind of cost synergy from having both NS & NL.
I still think Fortescue is more interested in NL anyway and I always have. I'm hoping they get good traction in the next submission round and that's hopefully when we see some activity/interest around the domes.
I think they would have proposals in everywhere in case one doesn't stick. I still can't find anything in the public realm on the details about their exclusion (at our company we have a paid subscription news service for Atlantic Canada business & business development news and that's where I found out about the exclusion). What I read last week seemed to point to the likelihood that their proposal had a large component of land-based wind power and the NS plan was for primarily offshore based wind power but not sure as I can't find that discussion anymore. There is likely something to it as the Gov't of NS website lists an update in the lobbyist for Fortescue Metals to what looks like an existing employee as of last Monday, the same date as the news story. So, I'm sure they are reaching out to the Gov't of NS looking for clarity on their decision (which is what was referenced in the news story I read last week). I'm sure this came as a surprise to them.