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Ann: Sale of Manbarrum Project to Teng Fei Mining, page-2

  1. pursuitute
    536 Posts.
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    11/05/10
    13:14
    Post #: 6681735
    re: Ann: Sale of Manbarrum Project to Teng Fe... So by my count:

    $3.65m in cash at end of last qtr;
    $9.45m for Manbarrum (once converted to AUD)

    258m ord shares + 15m oppies

    Cash backed price, excl oppies = 5.1cps.

    Cash backed price, incl oppies = 4.8cps

    TNG is cheap, damn cheap at the 5.3c we opened at.
    TNG Price at posting: 5.7¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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