NTL new talisman gold mines limited

Ann: Shortfall Announcement-NTL.NZ, page-25

  1. 1,603 Posts.
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    I am disappointed with the announcement.

    I do not see the need for the company to raise so much cash at this early stage. The current cash can get us through. Why diluting the share so much? Why cant they consider options instead?

    The announcement did not give us any answer as to why we need the extra cash.
 
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