TNC 0.00% 3.9¢ true north copper limited

End of the road for MD Marty?, page-12

  1. 299 Posts.
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    I have noted that TEMBO capital have paid $6.5M for 54166667 shares (12c @) which is the Capital raise price.
    They now control 32% of TNC. Tembo Capital are a P.E. group specialising in early stage mining companies to see them through to operation atc.
    They are a group of people experienced in the field.
    With 32% of the company they clearly get a seat at the table. They are ACTIVE managers of the companies they own.
    Cross my fingers and have my heart in my mouth but I have to take that as a sign of experienced people backing the company in.
 
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