Post by
blueboron99 on Mar 31, 2022 12:03pm
Latest Update - Rio Tinto vs Turquoise Hill Resources
Shareholders at Turquoise are telling Rio to boost the offer. Don't know how much clout a minority shareholder group would have, I would guess not much?
IMO, it obviously is a concern to the group. Bottomline shareholders deserve a fair equitable market value, and obviously RT isn't accomodating to their needs. Don't know any of the specific details.
https://www.kitco.com/news/2022-03-29/CRU-CESCO-Rio-Tinto-defends-Turquoise-offer-says-will-apos-deliver-value-for-all-stakeholders-apos.html
Blue
Comment by
MetalMinded on Mar 31, 2022 1:43pm
Thanks Blue! What will be most interesting is to see if RIO blinks first.