Marker2 - TTR have 2.5m shares and 2.5m warrants (Dec 2010 @ 79c) in ATV to sell (if needed to raise working capital). Approx total value about A$3m. They received these investments as part of the Burnakura sale.
Handy to see its value rising. TTR are debt free and had about $800,000 in cash plus their investments.
At the moment it is survival mode for junior miners moving towards project development stages. Having no debt and enough working capital is essential for survival.
TTR have indicated they will be selling some of their investments this quarter so current rise in ATW share price is good timing.
Hope that answers your question.
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