Yeah, I'd say I'm a bit annoyed. I had a more detailed read of this over the weekend. Something that made be laugh (although it does shed a bit more light on the level of BS that's coming out of TNC) was the bit about the 'primary crane' limitations. Their reasoning for the bags being 75% weight of what they were meant to be was the capacity of the 'primary crane' being limited to circa 900kg. Do a google search on 900kg crane if you want some insight into what sort of operation the SX is. Absolutely laughable.
I'll look towards investing in the company that picks up the Mt Oxide tenements from the administrator. TNC looks cooked.
Ann: Response to ASX Query Letter, page-27
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Last
3.1¢ |
Change
-0.001(3.13%) |
Mkt cap ! $27.14M | |||
| Open | High | Low | Value | Volume |
| 3.3¢ | 3.4¢ | 3.1¢ | $24.59K | 757.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 131473 | 3.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.3¢ | 106918 | 1 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| TNC (ASX) Chart |