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JustForFun7

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JustForFun7

Re: Implanting post# 16877

Tuesday, 09/11/2012 8:52:49 AM

Tuesday, September 11, 2012 8:52:49 AM

Post# of 26631
The problem with Inmet making PTQ an offer they can't refuse is that they will need shareholder approval to get it. They are already stretched tight financially trying to do this project and they have not even got very far along.

I can't see any other way fro Inmet to proceed though. They are going to have to go back to their shareholders, hat in hand and ask for approval for more shares and / or approval to acquire more capital or simply to acquire PTQ at a much higher level.


JFF7

It's better to be out wishing you were in than in wishing you were out.

"Markets can remain irrational longer than you can remain solvent". - John Maynard Keynes

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