TNC true north copper limited

Ann: Investor Presentation, page-9

  1. 855 Posts.
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    I noticed the same thing. Seems ridicules. The dilution here is astronomical.
    Then looking at the below it appears they are taking on way more than they need. Forecasting $16M remaining cash pre exploration. Is this what they call "contingency". Seems to me they are grabbing as much cash as they can while they have the chance. I struggle to see how this is in the best interest of existing holders!

    https://hotcopper.com.au/data/attachments/6192/6192775-5507b97a666393a4fb6900a76ab2c98a.jpg

 
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(20min delay)
Last
36.5¢
Change
0.005(1.39%)
Mkt cap ! $46.49M
Open High Low Value Volume
38.0¢ 38.0¢ 36.5¢ $276 740

Buyers (Bids)

No. Vol. Price($)
1 50000 37.0¢
 

Sellers (Offers)

Price($) Vol. No.
39.0¢ 58717 1
View Market Depth
Last trade - 10.36am 28/07/2025 (20 minute delay) ?
TNC (ASX) Chart
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