re: Ann: Presentation Noosa Mining and Explor... The next major announcement LTR management will make will be focused on CR.
At the end of September Quarter LTR will have about 300k in the bank. Enough for two quarters of Directors fees.
I would expect that at current SP the company will have to double the current issued share holding to raise $4 million so I'm predicting a 2 cent CR not too far off unless some exploration result can kick them to a higher SP in the interum.
Not looking good for LTR.
Ann: Presentation Noosa Mining and Exploration Co, page-10
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