There are just too many shares for sale. TRQ and the second biggest holder both want out. Copper and gold in trouble. Does not look like a takeover will be offered at any sensible premium.
Always wondered if BHP would want a look (with Cannington close) but i guess too niche for them.
Japanese or USA trading house only other hope.
There will be cheaper entry points IMO
this is the iva i know and love, page-35
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