I thought their Early Warning Report had said 22.6% and depending on how close they were or are to the exemption threshold of 5% for takeover bids, they may be able to creep higher. Don’t know how it re-loads but maybe it is an annual rolling limit.

My guess would be that their traditional space, development financing for streams and royalties, is pretty crowded these days with a lot of PP money and no shortage of competitors - as well as explorers with large portfolios taking the option/retained royalty route?

We are all so paranoid about skullduggery everybody who shows an interest in OT is at once reassuring we hold an asset of value, but also fear inducing they will stab us in the back.

CarefulGent