TNC 3.45% 3.0¢ true north copper limited

Ann: Response to ASX Query Letter, page-31

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  1. 802 Posts.
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    They advised shareholders that they were going to help fund the mining from copper sulphate revenue.
    However, failure to reach production targets has resulted in a revenue black hole that required an additional capital raising resulting in a 10% dilution of existing shareholders.

    If you don't see this as material, I'd suggest you'd be a good candidate for a job at TNC.
 
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