TRY 0.00% 3.0¢ troy resources limited

Patience, page-161

  1. 3,201 Posts.
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    photis I understand why you do not want a cap raise at current levels but that's the position the company is in.
    Surely as a SH of a mining company in what has been proven to be a very difficult environment to mine in you don't want the company to continue to mine with a very poor balance sheet. Not to mention all the other very costly regular issue's they have experienced.
    This approach would make the company totally vulnerable and I believe running the company in such a manner would be negligent.
    One way or the other a cap raise is needed.
 
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