TYX 14.3% 0.3¢ tyranna resources limited

Ann: Company Insight Significant Milestone , page-6

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  1. 415 Posts.
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    Mazeltov, I hope you are wrong about a cap raising being necessary. If , as all existing s.holders believe, the current sp is 30% of fair value, an institutional cap raising is a very expensive way (from existing s.holders' perspective) of obtaining funds - especially if the requirement is north of $30m....that would have a huge dilutionary effect on existing holdings ( although less so TRF's holding which has the 20% free carry protected). On further reflection I think the "significant milestone" announcement by Company Insight raises more questions than it answers.
 
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