Seems reading between the lines there will be zero mining commencing in the year 2024 if there is no cashflow. That’s how it reads. If there is a plan on timing why are shareholders not informed. With no cash flows in the immediate pipeline the cash will be squandered by exploration and the $20m Environmental bonds. I would have thought that cash flow was Paramount to support exploration, the same as others do. So appears another cap raise looks surely on the cards April/May. The copper sulphate production has proven to be a fizzer and only contributes to losses. Just seems a lot of fanfare with nothing seemingly aiming for a quick and much needed cashflow. I’m betting that Tembo wishes they never heard of TNC.
TNC Price at posting:
8.9¢ Sentiment: None Disclosure: Not Held
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