JW'S involvement with TNM should mean he has enough information about this to not be stringing things out so long.
I don't like the way AGQ is acting like they know nothing about TNM or their tailings especially for so long.
I also don't like the fact that they are "investigating other opportunities" they don't have cash to take on multiple opportunities.
I also don't like small extensions to deadlines bought for cash. I wonder if TNM are happy being given money for nothing (anyone else even interested in the tailings?) while he extracts more from shareholders. The "deal" to me is about how long JW with TNM'S help can string people along. A 100% rise in this now only takes it back to just over where is was when their "talks" began.
Anyone happy to be in here should just stand back and ask why JW is taking months to do what he said would take weeks. This is VERY slow even with no knowledge and yet his TNM history/involvement counts for nothing!??
Slow, inaccurate, dithering, bad management not typical signs associated with a good investment. Like i've said for months, he's nothing but a bank account looking for a business and not a big bank account at that.
If the asset wasn't worth looking at they would have just walked , no point extending . I would imagine they are deep in a negotiation process with neither party wanting to leave it , thus both happy to extend whilst a deal is struck .
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