THB 6.25% 1.7¢ thunderbird resources limited

Ann: Pause in Trading, page-58

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  1. 106 Posts.
    lightbulb Created with Sketch. 37
    I dont think anyone here is saying, run for the hills.
    I'm happy to be corrected if wrong.

    It's clear those results are far from great.

    Hence the new drilling zone, but there is no cash on hand.
    Therefore to drill again = another cap raise = more dilution

    So to say that this is going to be great in the short term is hopefully at best and delusion at worst.

    Also the question remains will VAL be able to stick to a timeline in the next 12 months, given no adherence in the 12 months past

 
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