TNC 5.88% 3.6¢ true north copper limited

receivers/managers appointed, page-9

  1. 15,276 Posts.
    lightbulb Created with Sketch. 45
    Ouch!

    Well, wasn't that a good idea?...LOL...you win some, you lose some!

    Not too much went in, so not too upset, but still not happy.

    Did some digging...and yes, it looked pretty bad at face vlaue...but so do a lot of start-ups in the early days.

    I then spoke to some people "close" to the leasing company who were of the opinion that "all would be sweet"...LOL...might get them to clarify exactly what they meant by "sweet"?

    From what I can gather, it could have gone either way, but obviouly the leasing groups terms turned out far too prohibitive?

    Not sure this is the outcome they were looking for...LOL...what a mess.

    Anyway, as I suggested earlier, they were cheap at 6c if the support was there...but expensive if the rug were pulled.

    LOL...I guess the "expensive" has it.

    Cheers!

 
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