thanks kojak for the helpful appraisal.
I suggested yesterday that a worthy alternative to the SPP is a convertible note raising.
if the conversion into TRY shares is at an acceptable premium to the current price and the proceeds to pay out Investec ( and possibly acquire their 13 cent options) I cant see why it would not attract shareholder support , and, most importantly provide an opportunity for Troy to recruit fresh investor support thru the brokers.
Agreed?
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- Dec QTR and 2019
Dec QTR and 2019, page-7
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