NTL 0.00% 1.9¢ new talisman gold mines limited

Ann: Convertible Note closes and Placement at Premium to Market, page-2

  1. 361 Posts.
    lightbulb Created with Sketch. 66
    Welcome to Bizarro world

    Some one should check whether the subscriber for shares is sane.

    Overpaying to stand behind the convertible note holders is nuts unless there is something else at play here.

    In the meantime company claims it can do just as much with $2m as it could with $3.5m, whilst the rest of the mining world is screaming about cost inflation and labor shortages.

    Bizarro world indeed...
 
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