Pg 11 of the Demerger Doc:
After the conclusion of the restructure to be undertaken under the Demerger Deed and any adjustments made under
the Scheme Implementation Agreement, Talon is expected to have cash reserves of approximately $8.8 million if the
Acquisition Scheme is not implemented or $7.8 million if the Acquisition Scheme is implemented.
So $7.8m starting point + say $15m Olmos proceeds - operating costs = say $20m to develop the new leases and/or lease & develop more.
- Forums
- ASX - By Stock
- TXN
- they just can't get it right
they just can't get it right, page-8
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TXN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
EQN
EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
SPONSORED BY The Market Online