TPT 0.00% 0.9¢ tangiers petroleum limited

why is volume trading on aim and not the asx?, page-19

  1. 1,425 Posts.

    Straight from the auditors report, mentions additional funding and farm-out in 1st paragraph.... second paragraph is clear and why i think it will be a corporate and not retail. So buy why you can i say because it will go up when a corporate comes on board..

    "The ability of the Company to continue its exploration and evaluation activities is dependent on the Company raising additional funding when required or the completion of its current farm out activities.

    In addition, Tangiers is also considering the potential for other corporate transactions as part of a broader strategic review. Tangiers envisages that, if executed, a corporate transaction will provide sufficient cash flows to enable theCompany to continue operating on a going concern basis."
 
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Currently unlisted public company.

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