TYX 16.7% 0.7¢ tyranna resources limited

Would anticipate that many investors are probably put off by the...

  1. 401 Posts.
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    Would anticipate that many investors are probably put off by the fact that the company is spending over $350K a quarter on admin costs. When you compare that to $600K on exploration it pretty well spells it out who is getting rich here at the moment. I am sure there is money to be made when the Lithium correction occurs but at the present time they will have to put there hand out for money one way or the other. The recent results were a good opportunity to push the price up however it looks like there is plenty of smart or nervous exiting in the last few days. Its not a matter of if for the CR its more a matter of when. I can't see any chance of a better announcement than what we saw coming in the next month and then we will be down to 1 quarter of operating capitol. Like the recent find and will be back after they secure funding. Hopefully at a discount.
 
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