$TRQ Synopsis: The mine is a valuable asset and even more so as the price of gold continues upward. M/A activity is high in the goldfields and Rio Tinto has eyes on an acquisition target. They need their cash to buy another company rather than give it to TRQ to develop the mine. They tell TRQ they want to renegotiate where TRQ will dilute itself to raise CAPEX funds and free up the RT money. TRQ has little choice in the matter and comfort themselves that they can make it up over time and higher gold profits. So essentially, TRQ is announcing if they cannot find outside investment, they will be using an ATM or some vehicle to issue shares to build the mine. Nothing new here.
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