JUT jutt holdings limited

Hi Rabbitoh,Yes, the TTC did.Sad state of affairs really.Zinc...

  1. 3,128 Posts.
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    Hi Rabbitoh,

    Yes, the TTC did.

    Sad state of affairs really.

    Zinc market has alot to do with it...at least 50%...because Liberty-Indee is looking like a flop.

    Argonaut pulling the pin is the other big killer.

    My hope that Tim Sugden could bring a new porject to the table is also out the window now...and I also assume Tim Sugden will be walking out the door some time soon as well.

    I can not imagine TS will be taking up his placement @ 10c either. Couple that -ve on cashflow with the strong likelyhood that few, if any shareholders will take up their entitlement at 6c (why would you?) and Jutt is now looking (as the SP reflects) like a dead duck.

    Oh well....my 1.703 million JUTO @ an average of 3.1c seemed like a good idea for a while!!!

    Doh, doh, doh!!

    Regards.

    K-Man
 
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