TNC true north copper limited

Ann: TNC Quarterly Activities Report, page-2

  1. 851 Posts.
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    They advised that:
    https://hotcopper.com.au/data/attachments/6575/6575833-31919225bea99fa3fb52a1ea6c92b370.jpg
    With regard to the Administration decision they've said:
    https://hotcopper.com.au/data/attachments/6575/6575838-6e50dca50bb8456c44cfe91ee7eea615.jpg

    Obviously this didn't just happen over night. Presumably prior to the CFO resignation.

    So questions must be asked:
    1. When did Nebari inform TNC that they were not proceeding with Tranche 2?
    2. Why did TNC not consider this price sensitive information and waited until after administration to announce it to the market?
 
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Last
28.5¢
Change
-0.015(5.00%)
Mkt cap ! $33.97M
Open High Low Value Volume
30.0¢ 30.0¢ 27.0¢ $177.2K 625.4K

Buyers (Bids)

No. Vol. Price($)
1 29773 28.5¢
 

Sellers (Offers)

Price($) Vol. No.
29.0¢ 10344 1
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