NTL new talisman gold mines limited
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Ann: Partial Conversion of Loan Note, page-2

  1. stockcomment
    174 Posts.
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    13/03/25
    11:51
    Post #: 78248386
    Poor old Hamish Brown

    The terms of his convertible note require the company to issue based on the price in 2024 approx. 1.8c

    "Conversion to ordinary shares at the 18 month anniversary of drawdown at a 15% discount to thepreceding 20 day VWAP of the ordinary shares of the Company......"

    Instead they are issuing at current prices....

    Fergus can you help with this complicated business stuff ?
    Price at posting: 4.9¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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