TCG 6.45% 33.0¢ turaco gold limited

Ann: Due Diligence Period extended for sale of Kyrgyz assets-MSR.AX, page-45

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  1. 4 Posts.
    Forgive me if my lingo isn't up to scratch, I'm still a youngin' though I'm sure you'll all catch my drift.

    1- From what I've gathered so far, Resolute used to own an area of the tenement that's included in the purchase of the VGP, and now they're possibly planning on performing an on-market takeover of MSR so that they can attain a larger portion of land than they used to own. Is this correct?

    2- One last question- if this sale of their Kyrgyz asset goes through for $10m, wouldn't that make their market cap hit $20m straight away?

    3- Thanks in advance!
    Last edited by Rodgdogg: 29/09/16
 
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