Comment by Rock9011on Nov 23, 2024 6:30pm
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Post# 36327642
RE:RE:Another Report of Negotiations
RE:RE:Another Report of NegotiationsShould RT decide to make an offer for ETG I'm confident they will make it publicly known. If its a cash offer or some variant of that, they will have to run it by the shareholders.
RT may have to get MG on side because I recall MG saying no miining company going forward can own over a third of a mineral deposit? Obviously this doesnt apply to RT becasue they owned over a third prior to the MG gov't bringing this idea forward so they are likely grandfathered. Any holdup may be RT attempting to add to their position by purchasing ETG. Its possible MG put a stick in RT's wheel spokes.
The more I think about this, the more I's like to see RT take ETG out. Only time will tell.