Expected given the regulatory issues. Will keep an eye out for next batch of announcements - the next stage of the ASX/ASIC story and what this means for strategy, funding, restart etc.
There is a lot we don’t know right now, other than it’s not a particularly great sign that the MD has been demoted right at the time mining was meant to be starting (particularly when the debt facility that is critical for ongoing solvency is dependent on said restart).
Take care guys/girls, things aren’t smelling of roses.
Ann: TNC Board position changes, page-5
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