Post by
godisgr81 on Apr 18, 2017 8:20am
Rebranding has Begun
It was suggested that they would start rebranding this year and I think a step in the right direction. They have already made changes to the executive team. Not uncommon for new CEO to bring his lieutenants to the executive suite.
Previous management has made number of missteps which caused TMM to be nearly insolvent. Doing away with the baggage and opening a new chapter is appropriate and timing is everything and we are finally moving in the right direction.
May is the month where we have an updated LOM in Sanfran and PFS on Ana Paula. The name of this story is to de-risk as much as possible before debt financing. With the robustness of the resource and ROI, financing isn't an issue. Watch for the current mid-tier with focus on Mexico to negotiate a friendly take over later this year or at the very least by early next year. Hold on to your shares folks.
God Bless the Longs..........
Comment by
intowin on Apr 18, 2017 9:14am
You are so right. I'm in favour of the changes. Consolidation will help reduce all the day trading that occurs. As for a takeover. Once the PFS on AP is issued they become in play. Good news all round. GLTA.