TNC 3.92% 4.9¢ true north copper limited

Ann: Response to ASX Query Letter, page-2

  1. 1,041 Posts.
    lightbulb Created with Sketch. 588
    Wow.... All investors need to read through this.

    A few takeaways for those who can't be bothered with 52 pages:
    *They have mislead the market on multiple occasions
    *The January and February Sulphate Production is a total disaster, worse that the last quarter
    *There is more than a small chance that the ASX puts this in an involuntary suspension

    As an opinion, there is no way I can see forward where Marty keeps his job. The possibility of that $5m funding (if it is indeed a genuine external entity putting in new funds) being pulled is very high.

    Total sh*tshow.
 
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