TKL 0.00% 0.2¢ traka resources limited

Ann: Non-Renounceable Issue - pro-rata entitlement offer, page-9

  1. 789 Posts.
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    I am a large shareholder of Traka and I have taken up all of my shares. I paid $44,591.14 for 3,430,088 more shares. I do think Joshua Pitt and Neil Tomkinson will take up all of their shares and they are the second largest shareholders.

    Traka has those two chances with Galaxy and George Ck but I reckon their best chance is in West Musgrave. They have lots of sites around Cassini's site and Cassini has the joint venture of Oz Minerals which is a very large company. It does look like those two will start mining their site and I reckon Traka should be able to get large joint venture companies in their site if this happens.

    It was funny that Traka went over 9c a year and a half ago and then lately fell down to 1.1c. I think both of those prices went too far.

    Cheers GPASAS


 
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