TPT 0.00% 0.9¢ tangiers petroleum limited

Ann: Notice of General Meeting & Capital Raising, page-31

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  1. 586 Posts.
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    The only alternative to voting Yes is voting No, and that means 100% liquidation and absolutely no chance of recovering even .6c each.

    If we voted no and they went back to the SIs asking for a CR at a higher price, they'd tell them to get stuffed unless they know something we don't, which goes back to my earlier post about SIs not putting money in, even at .6c, if there was no chance they'd get it back. From our perspective, there is no chance already, but if they've got something up their sleeves we could get lucky.

    It's shameful and disturbing that we should even have to discuss this event here.

    Live and learn
 
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