I think you will find creditors had little choice but to take script for payment.
Interesting only 5-7% of funds raised are to be used for development of smarts underground with the bulk of funds used to stay afloat.
Gotta wonder if this is an investment or just flogging a dead horse.
Certainly mega dilution was the best outcome.
Quite telling Barrick have not come to the party which shows they are happy to have interest in tenements and exploration than anything else.
Dog of all dogs riddled with mange and fleas but still kicking
- Forums
- ASX - By Stock
- TRY
- Ann: Company Recapitalisation
Ann: Company Recapitalisation, page-31
-
- There are more pages in this discussion • 37 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)